Brief: Timken To Continue To Provide Main Reduction Gears For U.S. Navy Arleigh Burke Ddg-51 Class Ships

Timken

21/02/2023 12:07

Feb 21 (Reuters) - Timken Co  TKR.N :
    * TIMKEN TO CONTINUE TO PROVIDE MAIN REDUCTION GEARS FOR
U.S. NAVY
ARLEIGH BURKE DDG-51 CLASS SHIPS
    * TIMKEN CO - CONTRACT, IF EXECUTED FULLY, WILL RESULT IN
REVENUE
OF MORE THAN $500 MILLION FOR TIMKEN OVER APPROXIMATELY FIVE TO
EIGHT YEARS
    * TIMKEN CO - PRODUCTION IS EXPECTED TO BEGIN IN 2024

Source text for Eikon:  ID:nPncffYGka 
Further company coverage:  TKR.N 
 ((Reuters.Briefs@thomsonreuters.com;))