NASA Awards $68M Cost Sharing Contract to GE Aerospace for HyTEC Phase 2
GE Aerospace landed a potential five-year, $68.1 million cost-sharing contract to participate in NASA's Hybrid Thermally Efficient Core turbofan engine project. The agency announced Friday that GE Aerospace will cover at least half of the cost of HyTEC's Phase 2 Integrated Core Technology Demonstration program for the duration of the contract, which takes effect Feb. 15, 2024.