The Air Force said Monday it awarded Pratt & Whitney a sole source, firm-fixed-price contract for various weapon system spare parts that could be worth as much as $2.5 billion.
Pratt & Whitney spokesman Shawn Watson said yesterday the contract “mainly supports” the company’s legacy engine programs like the F100 and TF33 engines. The F100s power all of the Air Force’s F-15s and the majority of the world fleet of F-16, according to Pratt & Whitney’s website. The TF33, the military version of the JT3D, can be found in Boeing’s [BA] B-52H bomber and KC-135B aerial refueling aircraft as well as Lockheed Martin’s [LMT] C-141A airlifter.
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| Boeing’s B-52 bomber. Photo: Air Force. |
Watson said the contract allows the Air Force to place orders for spare materials through 2018 up to an estimated $2.5 billion and that this contract was awarded with an initial order for spares totaling $8.7 million. Watson also said the $2.5 billion figure is based on the government’s predictions on what parts and materials they will require over the next five years.
“We are pleased that this arrangement has been implemented, as it fosters greater efficiency in executing contracts, and will reduce time and labor for both the government and Pratt & Whitney,” Watson said in a statement.
Pratt & Whitney is a division of United Technologies Corp. [UTX]