Pratt & Whitney Awarded $1.13 Billion Contract for F135 Engine Production

EAST HARTFORD, Conn. - The U.S. Department of Defense has awarded Pratt & Whitney a $1.13 billion contract to produce F135 production engines to power the F-35 Lightning II. Pratt & Whitney and the DoD have reached an agreement on price and terms for the LRIP 4 contract, originally awarded in July 2010, which contains fixed-price and cost-plus-incentive-fee elements. This low-rate initial production contract covers production, provision of spare parts, and sustainment and delivery of the fourth lot of F135 engines.
The fourth lot of F135 engines includes 18 conventional takeoff and landing (CTOL) and 19 short takeoff and landing (STOVL) engines. Deliveries of this lot are slated to begin in the fourth quarter of 2011. The engines delivered in LRIP 4 will support the U.S. armed services and those of the United Kingdom and the Netherlands.

 

Source:  http://www.pw.utc.com/media_center/press_releases/2011/05_may/5-16-2011_00000.asp