The U.S. Department of Defense has exercised an option valued at nearly $88 million for an engine contract with Rolls-Royce Corp. in Indianapolis. The work for the United States Marine Corps is expected to be complete by the end of next year. January 29, 2015

News Release

Rolls-Royce Corp., Indianapolis, Indiana, is being awarded an $87,712,436 modification to a previously awarded firm-fixed-price contract (N00019-12-C-0007) to exercise an option for the procurement of 38 AE1107C engines in support of the MV-22 aircraft for the United States Marine Corps. Work will be performed in Indianapolis, Indiana, and is expected to be completed in December 2016. Fiscal 2015 aircraft procurement (Navy) funds in the amount of $87,712,436 will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.

Source: Rolls-Royce Corp.

Story Continues Below

Get the best of Indiana business news. ONLY $1/week Subscribe Now

One Subscription, Unlimited Access to IBJ and Inside INdiana Business Subscribe Now

One Subscription, Unlimited Access to IBJ and Inside INdiana Business Upgrade Now

One Subscription, Unlmited Access to IBJ and Inside INdiana Business Upgrade Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In