Pratt & Whitney Secures Major Contract for F135 Engine Upgrades
Pratt & Whitney Secures Major $1.3 Billion Contract
Pratt & Whitney, a prominent business unit of RTX, has successfully secured a contract valued at up to $1.3 billion aimed at further developing the F135 Engine Core Upgrade (ECU). This significant contract marks a crucial step in enhancing the durability and performance of the engine used in the advanced F-35 aircraft.
Key Objectives of the F135 Engine Core Upgrade
The F135 ECU is essential for delivering enhanced capabilities to all three variants of the F-35 within the global enterprise. This contract will empower Pratt & Whitney to proceed with the design maturation process and facilitate aircraft integration, ensuring that the F-35 remains at the forefront of military aviation technology.
Continuous Advancement in Engine Technology
“This contract is critical to continuing our positive forward momentum on this program,” stated Jill Albertelli, the president of Pratt & Whitney's Military Engines division. She emphasized how this support allows for a fully staffed team dedicated to risk reduction, design refinement, and preparing the supply chain for production.
Support and Collaboration for Success
In the pursuit of this upgrade, Pratt & Whitney has garnered bipartisan support from congressional advocates. Jeff Shockey, senior vice president of RTX Global Government Relations, acknowledged the unwavering support from leaders advocating for the F135, ensuring it will continue to deliver vital capabilities for years to come.
F135 Engine Production and Job Creation
The F135 program is not only a technological initiative but also a significant economic driver across multiple states. With more than 57,000 jobs supported in 43 states, the program plays an essential role in job creation and sustaining economic growth throughout the country.
Impressive Performance and Future Integration
To date, over 1,200 F135 production engines have been delivered, achieving more than 900,000 engine flight hours. The upgraded ECU will be available for new production F-35s and can also be retrofitted at various F135 sustainment facilities worldwide.
About Pratt & Whitney
As a global leader in aircraft engine design and manufacturing, Pratt & Whitney is dedicated to innovation. For further insights into their offerings, visit www.prattwhitney.com.
About RTX
With a workforce exceeding 185,000 employees, RTX focuses on advancing technology to address the world's most pressing challenges. In 2023, the company generated sales of $69 billion, underscoring its vital role in various sectors, including integrated defense systems and next-generation technology solutions.
Contact for Inquiries
For any questions or interview scheduling, please reach out to corporatepr@rtx.com.
Frequently Asked Questions
What is the F135 Engine Core Upgrade?
The F135 Engine Core Upgrade (ECU) aims to enhance the durability and performance of the engine used in the F-35 aircraft.
How much is the contract awarded to Pratt & Whitney?
The contract awarded to Pratt & Whitney is valued at up to $1.3 billion.
What role does bipartisan support play in the F135 program?
Bipartisan support from congressional advocates ensures continued funding and commitment to the advancement of the F135 program.
How many F135 engines have been delivered to date?
Over 1,200 F135 production engines have been delivered, with more than 900,000 engine flight hours completed.
Where can I find more information about Pratt & Whitney?
For additional information, you can visit their official website at www.prattwhitney.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.