MORE: Big business lands Paycheck Protection loans while smaller companies wait
The work will be performed in Vandalia and is expected to be complete by December 2022.
Fiscal 2020 aircraft procurement U.S. Navy funds in the amount of $72,479,880 will be obligated at time of award, the Department of Defense said.
Credit: Chris Stewart
Credit: Chris Stewart
The Naval Air Systems Command in Patuxent River, Md. handled the contracting work.
GE, one of Ohio’s and the Dayton area’s largest employers, has been among the most challenged companies during the global pandemic.
On March 23, GE announced that it is planning to reduce about 10 percent of its total U.S. workforce. The company also froze hiring canceled salaried merit increases, cut non-essential spending and reduced its contingent workforce.
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