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Following over a year of talks, United Technologies (UTX) unit Pratt & Whitney has...

Following over a year of talks, United Technologies (UTX) unit Pratt & Whitney has reportedly finalized a contract to supply 32 engines for the fifth batch of F-35 Joint Strike Fighters. A preliminary deal in December 2011 was worth $1.12B and was for 30 engines, with the final value of the agreement appearing to be just over $1B. Pratt hopes to secure an initial contract for the sixth set of jets in the coming weeks.
Comments (1)
  • Lots of negative news on the F-35 just three weeks ago, but it seems procurement will continue even with sequestration looming.
    4 Feb 2013, 08:32 AM Reply Like
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