Author: Scott Nicholas|| Date Published: October 5, 2017
United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has secured a potential five-year, $2.74 billion contract to help the U.S. Air Force sustain F117 engines.
The Defense Departmentsaid Wednesday the sole-source contract includes foreign military sales to Australia, Canada, India, Kuwait, Qatar, United Arab Emirates, U.K. and the Strategic Airlift Capability consortium.
F117 powers the Boeing (NYSE: BA) C-17 Globemaster III aircraft built for military airlift missions.
USAF will obligate $52.7 million in operations and maintenance and FMS funds at the time of award.
Contract work will occur through Sept. 30, 2022, at a United Airlines facility in San Francisco, California, the Columbus Engine Center in Columbus, Georgia and Tinker Air Force Base in Oklahoma.
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United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has secured a potential five-year, $2.74 billion contract to help the U.S. Air Force sustain F117 engines.
