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Rolls-Royce wins $183 mln US army contract
by Staff Writers
London, United Kingdom (AFP) July 9, 2012


Rolls-Royce said on Monday that it had won an important contract to service helicopter engines for the US army.

"Rolls-Royce has received a contract valued at $183 million (149 million euros) to service M250 engines, which power the US Army's fleet of OH-58D Kiowa Warrior scout helicopters," it said in an official statement.

The London-listed group added that the contract, to support 500 M250 engines on more than 300 aircraft, would begin in July 2012 for a year. The US army has options to extend the deal for another four years.

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Indonesia pulls out of Dutch tanks deal
Jakarta (AFP) July 3, 2012
Indonesia said Tuesday it had pulled out of a $280 million deal to buy 100 Leopard battle tanks from the Netherlands after waiting several months for the Dutch parliament to approve the sale. The Netherlands' minority government planned to sell the tanks to raise money for unmanned drones, but the majority of parties in parliament opposed the deal because of Jakarta's poor human rights recor ... read more


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