By Denny Jacob
GE Aerospace and Magellan Aerospace said they signed an amended agreement to their long-term revenue sharing agreement to include the production of major components for the F414-GE-400K aircraft engine.
Under the amended agreement, two of Magellan's facilities will deliver F414 engine frames to GE Aerospace over a seven-year period as the sole source provider for the KF-21 aircraft, the US Navy spares and the Gripen F414-39E engine programs.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
April 28, 2025 07:30 ET (11:30 GMT)
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