Pratt & Whitney Gets $174M Contract Option to Produce Additional F-35A Engines

Pratt & Whitney Gets $174M Contract Option to Produce Additional F-35A Engines
F-35A

Raytheon Technologies' (NYSE: RTX) Pratt & Whitney subsidiary has received a $174.2M contract modification to manufacture 14 propulsion systems for the U.S. Air Force's F-35A conventional takeoff and landing aircraft.

Naval Air Systems Command exercised an option for the engine manufacturer to build lot 14 low-rate initial production F135-PW-100 systems, the Department of Defense said Tuesday.

USAF will use fiscal 2020 aircraft procurement funds to cover the full obligated amount.

Pratt & Whitney was awarded a $762.5M lot 14 F-35 engine production contract in November 2019, when it was still operating under United Technologies Corp.

You may also be interested in...

Young Bang, Chief Growth Officer for Atlas Research

Atlas Joins DMI-Led Air Force Enterprise Transformation Contract Team; Young Bang Quoted

Atlas Research is part of a Digital Mobilizations Inc.-led team that won a position on a five-year, $990M contract vehicle to help the U.S. Air Force implement and manage enterprise transformation initiatives.

HIMARS launcher

State Dept OKs $1.8B in HIMARS Launchers, Recce Pods, Missile Purchase Requests From Taiwan

The State Department has approved Taiwan’s request to buy high mobility artillery rocket system launchers, AGM-84H standoff land attack missile-expanded response systems, MS-110 recce pods and related equipment and services under three foreign military sales agreements worth approximately $1.8B combined.