Rolls-Royce secures $183 million U.S. army contractJuly 9, 2012 - 15:30 AMT PanARMENIAN.Net - Rolls-Royce said on Monday, July 9 that it had won an important contract to service helicopter engines for the U.S. army, according to AFP. "Rolls-Royce has received a contract valued at $183 million (149 million euros) to service M250 engines, which power the U.S. Army's fleet of OH-58D Kiowa Warrior scout helicopters," it said in an official statement. The London-listed group added that the contract, to support 500 M250 engines on more than 300 aircraft, would begin in July 2012 for a year. The U.S. army has options to extend the deal for another four years. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. |