GE Aerospace signed a three-year performance-based logistics contract with Boeing Defence UK.

The agreement supports T700-GE-T701D turboshaft engines for the British Army’s AH-64E Apache helicopter fleet.

StandardAero’s facility in Gosport will manage engine repairs and maintenance.

GE Aerospace will also station a dedicated field service representative at Wattisham Flying Station.

The contract extends the company's long-standing support for the UK’s Apache program.

GE shares declined 0.40% to $298.96 in intraday trading.

The stock is consolidating after a 5.22% rally in the previous session.