GE-CCAD Cooperation to Maintain & Upgrade T700 Engine Family May Be Worth $1.5B

T700 engine As part of ongoing US Army fleet maintenance and upgrade efforts, General Electric Aircraft Engine in Cincinnati, OH received a $177.9 million firm-fixed-price contract to continue overhaul support of T700 engines at the Corpus Christi Army Depot (CCAD) and convert engines to the T700-GE-701D configuration (GE notes that in 2004, The U.S. Army announced plans to convert to the T700-701D to power its entire AH-64 Apache and H-60 Black Hawk helicopter fleet). Based on estimated workload at CCAD, GE estimates the potential value of this contract over the next five years at $1.5 billion. The award follows a five-year, $668-million CCAD contract that was initiated in 2000. This particular program has an impressive list of success metrics during that time frame: * Overhaul turntimes have been reduced by 80% * Production capacity has tripled from 500 units per year to 1,600. * The GE-CCAD teaming arrangement has been instrumental in eliminating all engine backlogs during the Iraq conflict, while sustaining a 3X-operating tempo during follow-up missions. * Based on this success, GE received the US Army’s 2004 Material Readiness Contributions Award for a Major Contractor. T700-powered aircraft accounted for nearly 70% of the U.S. Army’s flight-hours in Operation […]