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Pratt & Whitney awarded $5.2 billion contract to develop engines for F-35 Lightning II

Published 03/06/2023, 03:30 PM
Updated 03/06/2023, 03:37 PM
© Reuters. FILE PHOTO: The logo of Pratt & Whitney is seen in front of a F135-PW-100 fighter aircraft engine during a media presentation at the Swiss Air Force base in Emmen, Switzerland March 24, 2022.  REUTERS/Arnd Wiegmann/File Photo
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(Reuters) - Pratt & Whitney, a Raytheon Technologies (NYSE:RTX) unit, said on Monday it has been awarded a $5.2 billion contract to support production of the 15th and 16th lots of F135 engines, with an option to award a 17th lot, powering all three variants of the F-35 Lightning II fighter aircraft.

The total contract value for lots 15-17, with exercised options, is about $8 billion and will fund over 418 F135 engines, Pratt & Whitney said.

The contract funds production of 278 F135 engines with an option to order up to 518 engines. It also includes program management, engineering support, production support and tooling.

© Reuters. FILE PHOTO: The logo of Pratt & Whitney is seen in front of a F135-PW-100 fighter aircraft engine during a media presentation at the Swiss Air Force base in Emmen, Switzerland March 24, 2022.  REUTERS/Arnd Wiegmann/File Photo

The U.S. government had cleared Pratt & Whitney to resume deliveries of its F-135 engine for the F-35 fighter jet last month after a halt was put in place in December following the discovery of a safety concern.

As of December 2022, Pratt & Whitney has delivered more than 1,000 F135 production engines.

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