Allison Nabs $30M DOD Contract
INDIANAPOLIS - The U.S. Department of Defense has awarded a more than $30 million contract to Indianapolis-based Allison Transmission Inc. (NYSE: ALSN). The contract calls for transmissions and additional services for the U.S. Army.
Under the terms of the contract, Allison will provide new and upgraded transmissions, sustainment kits, and system technical services for the Abrams Tank. The work will be performed in Indianapolis and is expected to be complete by the end of 2019.
The U.S. Army Contracting Command in Michigan is the contracting activity.