JUMPSEAT
AEROSPACE NEWS

US Military Awards Contracts For Week Of May 11-15

Key Takeaways
  • Parker Hannifin awarded $11.6 million Navy contract.
  • Contract is for overhaul of Secondary Bleed Air system.
  • Awarded under previously awarded basic ordering agreement.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This contract award may indicate the Navy's ongoing focus on maintaining and upgrading its existing fleet, which could suggest a steady demand for MRO services from contractors like Parker Hannifin. The award may also signal the company's competitive position in the naval overhaul market.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Parker Hannifin Secures $11 Million Navy Deal For Overhaul Services

The US Navy has awarded Parker Hannifin Corp. an $11.6 million contract for the overhaul of the 583 Secondary Bleed Air system, according to Aviation Week. The firm-fixed-price delivery order was awarded under a previously awarded basic ordering agreement. The contract highlights the ongoing need for maintenance and overhaul services within the US military, with Parker Hannifin securing a significant deal. This development was first reported by Aviation Week.

Source

Advertisement 728 × 90
JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

US Military Awards Contracts For Week Of May 11-15

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Parker Hannifin awarded $11.6 million Navy contract.
  • Contract is for overhaul of Secondary Bleed Air system.
  • Awarded under previously awarded basic ordering agreement.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This contract award may indicate the Navy's ongoing focus on maintaining and upgrading its existing fleet, which could suggest a steady demand for MRO services from contractors like Parker Hannifin. The award may also signal the company's competitive position in the naval overhaul market.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Parker Hannifin Secures $11 Million Navy Deal For Overhaul Services

The US Navy has awarded Parker Hannifin Corp. an $11.6 million contract for the overhaul of the 583 Secondary Bleed Air system, according to Aviation Week. The firm-fixed-price delivery order was awarded under a previously awarded basic ordering agreement. The contract highlights the ongoing need for maintenance and overhaul services within the US military, with Parker Hannifin securing a significant deal. This development was first reported by Aviation Week.

Source

Advertisement 300 × 250 Google AdSense