Pratt & Whitney, a business unit of Raytheon Technologies (NYSE: RTX), has secured a potential $8 billion contract to manufacture engines to power F-35 jets , produced by Lockheed Martin (NYSE: LMT), for U.S. and international defense customers.
The deal covers 15-16 production lots of up to 518 F135 engines and includes a lot 17 lot option for more than 418 units, Pratt & Whitney said Monday.
In June 2022, the U.S. Navy’s Naval Air Systems Command issued a $4.38 billion undefinitized contract action for F-35 propulsion system production and delivery services.
The engine builder will carry out program management and engineering support work as part of the latest award.
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Dan Ford, chair and CEO of Capgemini Government Solutions, has accepted the prestigious 2025 Wash100 Award. He received his first…
Former Raytheon executive Paul Ferraro has joined GE Aerospace as vice president and general manager for defense engines and services. Amy Gowder, president…
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Textron Systems will build three new Ship-to-Shore Connector landing craft air cushion 100-class vessels, also known as LCAC 100, for…
IT modernization and digital services company ITC Federal has appointed Krista McKendree, a retired U.S. Marine Corps veteran, as vice…
Tim Spadafore shared on LinkedIn Friday that LMI has appointed him senior vice president of the defense market. Spadafore said that through…
Boeing has won a potential $2.8 billion contract from the U.S. Space Force to build and produce four space vehicles…
Federal IT systems integrator B&A has acquired Hexagon US Federal’s Strategic Services and Solutions, or HS3, business unit as part…
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