
The Pentagon has awarded Raytheon Technologies' [RTX] Pratt & Whitney a more than $2 billion contract for F135 engines in Lot 17 of the Lockheed Martin [LMT] F-35 fighter buy, DoD said on June 5. Work is expected to finish in December, 2025. Of the fiscal 2023 amount, more than $645 million is U.S. Navy funding, nearly $528 million is U.S. Air Force, while non-U.S. DoD participant funding is about $418 million and foreign military sales funding is about $401…