On Wednesday, the Department of Defense announced that it has awarded Rolls-Royce a $97.3 million firm-fixed price modification to a previously awarded contract, based on a change in requirements. Pursuant to the contract, Rolls-Royce will provide "logistics support, program management support, engineering services, spares, and technical data support" for Rolls-Royce AE 2100D3 engines installed on Lockheed Martin (NYSE:LMT)-built C130J transport aircraft.
Work is to be performed at Rolls-Royce facilities in Indianapolis, and to be completed by Jan. 31, 2014.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Lockheed Martin. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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