Rolls-Royce wins $408 million Pentagon contract

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Rolls-Royce Corp of Indianapolis, Indiana, a unit of Rolls-Royce Holdings PLC , has been awarded a $408 million modification to a contract to provide maintenance support for V-22 AE1107C engines for the U.S. Marine Corps and Air Force, the Pentagon said in a statement on Tuesday.

MissionCare is a performance-based logistics concept that includes an engine hourly charge based on hours flown, program management, and other support, the release said.

The contract will also provide data, updates, management tracking and training, the release added.

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