Transense Technologies welcomes GE contract win with US Army

Writer, Stock Market Wire
Monday, February 4, 2019 - 07:44

Sensor systems supplier Transense Technologies welcomed news that licensee GE had been selected by the US Army to provide new engines for its Boeing AH-64 Apaches and Sikorsky UH-60 Black Hawks.

The T901 engine incorporated a Transense Technologies surface acoustic wave sensor.

GE would pay a perpetual sales royalty to the company in respect of each unit using the technology, under a license agreement previously announced in July 2016 and March 2017.

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