UTC Secures $325M F-35 Depot Activation, Maintenance Support Contract

Jeff Brody

The U.S. Navy has awarded United Technologies Corp. (NYSE: UTX) a potential four-year, $325.2M contract to provide aircraft maintenance equipment and depot activation planning support for the F-35 program.

UTC will also deliver two mockup F135 engines and four modules to support F-35 testing activities as part of the cost-plus-incentive-fee and fixed-price-incentive-firm contract, the Department of Defense said Friday.

Naval Air Systems Command will obligate at the time of award $309.4M in fiscal 2019 funds from the Air Force, Marine Corps and Navy as well as non-DoD and foreign military sales customers.

The Pentagon expects contract work to conclude by January 2023.

You may also be interested in...

ArchIntel

ArchIntel Offering Competitive Intelligence Roundtable Membership to Enhance CI Collaboration

ArchIntel, the market leading provider of open source daily intelligence, competitive intelligence reports and competitive intelligence events, is now offering a Competitive Intelligence Roundtable Membership for CI professionals at the executive level to privately discuss the challenges and best practices for the competitive and market intelligence sectors. 

SOSi CEO Julian Setian Receives Wash100 Award

SOSi CEO Julian Setian Receives Second Consecutive Wash100 Award for Driving Growth, Emerging Tech Capabilities

For the second consecutive year, SOS International CEO Julian Setian has received a Wash100 Award for his leadership and vision to drive company growth and innovation for its technical capabilities in cloud, cybersecurity, data analytics and software development. Under his leadership, Setian has continued to drive company growth and expansion of its vital capabilities.