Author: Matthew Nelson|| Date Published: April 16, 2019
Pratt & Whitney, a subsidiary of United Technologies Corp. (NYSE: UTX), has secured a three-year, $201.9M contract modification from the U.S. Navy to obtain long lead parts and materials needed to produce lot 14 propulsion systems for the F-35 aircraft.
The modification combines orders from the Navy, Air Force, Marine Corps, non-U.S. Department of Defense participants and foreign military sales customers, the Department of Defense said Monday.
Work will take place at various locations in Indiana, Connecticut and the U.K. through April 2022.
Naval Air Systems Command will obligate the full value of the modification from fiscal 2019 U.S. military aircraft procurement, non-DoD participant and FMS funds at the time of award.
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Pratt & Whitney, a subsidiary of United Technologies Corp. (NYSE: UTX), has secured a three-year, $201.9M contract modification from the U.S. Navy to obtain long lead parts and materials needed to produce lot 14 propulsion systems for the F-35 aircraft.
