Home / News / Pratt & Whitney Secures $194M Contract for Lot 15 F-35 Engine Production Materials

Pratt & Whitney Secures $194M Contract for Lot 15 F-35 Engine Production Materials

Jeff Brody

United Technologies Corp.'s (NYSE: UTX) Pratt & Whitney subsidiary has received a $193.8M contract from the U.S. Navy to obtain long lead materials needed to build additional F-35 propulsion systems.

The funds will support low-rate initial production of lot 15 F135 engines for fighter aircraft of the Navy, Air Force and Marine Corps as well as non-Department of Defense and foreign military sales customers, the DoD said Monday.

Pratt & Whitney is expected to finish contract work by December 2023.

F135, which is based on the F119-PW-100 engine, powers the conventional and short takeoff-and-landing and carrier-based variants of the fifth-generation combat aircraft.

Lockheed Martin (NYSE: LMT) secured a $172M advance acquisition contract in late 2019 to acquire long-lead materials and components for lot 15 F-35s.

Check Also

KBR Subsidiary Lands Potential $128M NOAA Observation Network Mgmt Support IDIQ

KBR’s (NYSE: KBR) Stinger Ghaffarian Technologies subsidiary has secured a potential five-year, $128.4M contract to provide data processing and technical services for a National Oceanic and Atmospheric Administration network system used to process Earth observation data.

Raytheon Awarded Potential $353M Navy Contract for Rolling Airframe Missile Components

Raytheon (NYSE: RTN) has secured a potential $353.3M contract from the U.S. Navy to provide guided missile round packs and spare replacement parts for the Block 2 and 2A variants of the Rolling Airframe Missile system. The contract includes foreign military sales to Turkey, the United Arab Emirates, Saudi Arabia, Egypt and Germany, the Department of Defense said Monday.