Meggit wins new five-year US military contract

Meggitt has won a $323m new contract with the US Defense Logistics Agency to supply wheels, brakes and related spare parts for fighter jets and combat helicopters.

The five-year agreement, which replaces a prior five year agreement that expired at the end of September, covers the F-16 Falcon jet and H-60 Blackhawk and CH-47 Chinook choppers allows for indefinite demand and indefinite quantity of spare parts.

The contract includes a further five year option period.