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Rolls Royce wins US Air Force contract worth up to $2.6 bn
by AFP Staff Writers
Washington (AFP) Sept 24, 2021

The US arm of Britain's Rolls Royce won a contract worth up to $2.6 billion Friday to supply engines for the US Air Force's B-52H bomber fleet, the Air Force announced.

The company's Indianapolis, Indiana manufacturing unit was awarded a $500.9 million "indefinite-delivery/indefinite quantity" contract over six years for replacement engines for the B-52s, the long-range Stratofortress bombers that have been a mark of US strategic power since the 1950s.

The contract has a potential total value of $2.6 billion "if all options are exercised," the Air Force said.

The Air Force chose Rolls Royce for the contract ahead of GE Aviation and Pratt & Whitney.


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French sub builder to send Australia invoice 'in a few weeks'
Paris (AFP) Sept 22, 2021
France's Naval Group said Wednesday it will send a "detailed and calculated proposal" to Australia in the coming weeks of the costs it expects Canberra to pay for scrapping a massive contract to purchase French submarines. Australia in 2016 agreed to buy 12 diesel-powered submarines built by Naval Group in a deal dubbed the "contract of the century" worth Aus$50 billion ($36.5 billion, 31 billion euros), later revalued to 56 billion euros. However last week Australia ditched the deal in favour o ... read more

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