KAMAN RECEIVES $40 MILLION ENGINE SUBCONTRACT FROM GE
KAMAN RECEIVES $40 MILLION ENGINE SUBCONTRACT FROM GE BLOOMFIELD, Conn., Dec. 19 /PRNewswire/ -- Kaman Aerospace Corp.
today announced it has received a $40 million follow-on contract from GE Aircraft Engines, Evendale, Ohio, to continue manufacturing fan reverser fixed structures for CF6-80C2 commercial jet engines. The option, exercised by GE, covers production deliveries in 1993.
In 1987, an initial $80 million contract for CF6-80C2 fan reverser fixed structures was awarded by GE to Kaman Aerospace, which covered production through 1989. Follow-on contracts were awarded in 1988 and 1989, covering deliveries through 1992. Total value of the initial contract, follow-on contracts and other options could exceed $200 million. Kaman Aerospace manufactures GE CF6-80C2 fan reverser fixed structures at its Bloomfield and Moosup, Conn., plants with final assembly at its facility in Gilman, Conn. Kaman Aerospace Corp., a subsidiary of Bloomfield-based Kaman Corp. (NASDAQ: KAMNA), is a prime and subcontract manufacturer of components and systems for various space, fixed wing and rotary wing aircraft, both military and commercial. -0- 12/19/91 /CONTACT: J. Kenneth Nasshan of Kaman, 203-243-7319/ (KAMNA) CO: Kaman Aerospace Corp.; GE Aircraft Engines ST: Connecticut, Ohio IN: ARO SU: CON
GK -- NY022 -- 3767 12/19/91 10:06 EST
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|Date:||Dec 19, 1991|
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