NORTH CANTON, Ohio, Feb. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), continues to be a key contributor to the latest generation of United States Navy ships. General Dynamics Bath Iron Works (BIW) recently awarded Timken a long-term contract to deliver Philadelphia Gear® main reduction gears (MRGs) for all future Flight III ships of the Arleigh Burke (DDG-51) class. The contract, if executed fully, will result in revenue of more than $500 million for Timken over approximately five to eight years. Production is expected to begin in 2024.
Read more at prnewswire.comTimken to Continue to Provide Main Reduction Gears for U.S. Navy Arleigh Burke DDG-51 Class Ships
PR Newswire - Press Release
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