- United Technologies (UTX +0.1%) subsidiary Pratt & Whitney has reportedly reached a deal worth more than $1B with the Pentagon to build 39 engines for a sixth batch of F-35 Joint Strike Fighters.
- The Pentagon agreed to buy the jets, excluding the engines, from Lockheed Martin (LMT -0.1%) in July. It buys the engines separately from Pratt & Whitney, which is the sole producer of engines for the radar-evading warplane.
UTX subsidiary Pratt & Whitney reaches a $1B deal with the Pentagon for its F-35 engine
From other sites
Video at CNBC.com (Jun 2, 2015)
at CNBC.com (May 19, 2015)
at CNBC.com (Mar 12, 2015)
at CNBC.com (Dec 30, 2014)
Video at CNBC.com (Dec 29, 2014)
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