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  • Friday, April 26, 2024

Pratt & Whitney Awarded $762M Navy Contract Modification for Lot 14 F135 Propulsion Systems


Jeff Brody

The U.S. Navy has awarded United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary a potential $762.5M contract modification to produce and deliver lot 14 F135 propulsion systems.

The modification exercises an option in a previously awarded contract and includes the production of 48 F135-PW-100 engines for the U.S. Air Force and 10 F135-PW-600 units for the U.S. Marine Corps, the Department of Defense said Thursday.

The contractor will perform at least 85 percent of the work in Hartford, Conn., and the rest in Indianapolis and the U.K. through April 2022.

Naval Air Systems Command will obligate the full contract amount using Air Force and Marine Corps aircraft procurement funds for fiscal 2020 at the time of award.

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