The Pentagon has confirmed that Honeywell industrial conglomerate will receive $ 1.1 billion for the Automotive Gas Turbine 1500 engine program.
The deal, which was a modification of an earlier contract, was valued at nearly $ 1,105,100,580 and included the production and support of AGT1500 turbine engines used by the U.S. Army, the United States Marine Corps, and the National Guard to power the M1 Abrams fleet were used.
According to the amendment to the contract, the places of work and financing for each order will be determined with an expected completion date of September 30, 2025.
According to the Honeywell website, the AGT1500 engine offers 1,500 horsepower to propel the 72-ton tank at speeds of up to 42 mph, allowing for superior acceleration and mobility. The reliability and performance of the AGT1500 has allowed the Abrams vehicle to become a permanent fixture in the military arsenal, which has accumulated more than 40 million miles over the past 25 years.
As the company notes, the AGT1500 gas turbine engine has been the driving force behind the mobility of the Abrams M1 Main Battle Tank (MBT) since the early 1980s. It offers the power, speed, quick acceleration and quiet operation that have earned the M1 such high marks in all military theaters. It has maneuvered more than 39 million operating miles and has demonstrated outstanding operational reliability through the improvements introduced by the Total Integrated Engine Revitalization (TIGER) program.