GE (NYSE:GE) was awarded a U.S. Air Force business service contract worth more than $300 million

GE (NYSE:GE) has been awarded an unspecified contract for technology maturity and risk reduction services with an unspecified maximum of $203 million, and a research and development contract for $99.47 million in costs plus fixed expenses. The project content covered by the signed contract is expected to be completed by December 31, 2024. It is reported that the US Air Force is the contractor for the contract.

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