Aircraft engine maker Rolls-Royce on Monday, April 23 said it had won a contract worth $598 million to supply the U.S. military with 268 V-22 aircraft engines, AFP reports.
"Rolls-Royce … has signed a $598 million contract with the U.S. Department of Defense for 268 AE 1107C engines for US Marine Corps and Air Force V-22 aircraft," the British company said in a statement.
Rolls-Royce said it will deliver 70 of the engines valued at $151 million in the first year of the contract. "The contract includes four additional option years, with deliveries expected to total 268, including spare engines."
