Meggit wins new five-year US military contract

2nd Oct 2018 07:17

(Sharecast News) - Meggitt has won a $323m new contract with the US Defense Logistics Agency to supply wheels, brakes and related spare parts for fighter jets and combat helicopters. The five-year agreement, which replaces a prior five year agreement that expired at the end of September, covers the F-16 Falcon jet and H-60 Blackhawk and CH-47 Chinook choppers allows for indefinite demand and indefinite quantity of spare parts. The contract includes a further five year option period.