DOD Announces $3.7 Million Defense Production Act Title III Agreement with Aero Turbine, Inc.
DOD Announces $17.4 Million in Defense Production Act Title III COVID-19 Actions.
Today, the Department announces four Defense Production Act Title III actions to sustain and strengthen essential domestic industrial base capabilities in molecular diagnostic testing, satellite communications, laser electronics, and aircraft engine repair. These actions will help to retain critical workforce capabilities throughout the disruption caused by COVID-19. The Department remains closely partnered with FEMA and HHS, providing almost $2.9 billion in life-saving medical services, supplies and equipment to service members and federal agencies in the nation's whole-of-government approach to the pandemic.
DOD Announces $3.7 Million Defense Production Act Title III Agreement with Aero Turbine, Inc. to Strengthen Domestic Aircraft Industrial Base.
As part of the national response to COVID-19, the Department of Defense entered into a $3.7 million agreement with Aero Turbine, Inc. under Title III of the Defense Production Act to sustain critical industrial base capability and capacity for U.S. Air Force J85 engine and parts manufacturing.
Aero Turbine, Inc. is a small business that provides turbine engine and accessory overhaul, repair, and testing services for the U.S. Air Force, U.S. Navy and U.S. Army. Using funds authorized and appropriated under the CARES Act, this investment will expand its domestic production capability and capacity for J85 engines and parts to meet vitally important demand in support of the DOD. The investment will positively impact operational readiness by reducing delay times and driving time and cost savings for the U.S. Government.
Additionally, Aero Turbine, Inc. will be able to retain critical workforce capabilities throughout the disruption caused by COVID-19 and to restore some jobs lost due to the pandemic.
Aero Turbine, Inc. headquarters in Stockton, California will be the principal place of performance.