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Raytheon’s Pratt & Whitney to Receive Nearly $888 Million for F135 Spare Parts

Frank Wolfe Frank Wolfe
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Raytheon’s Pratt & Whitney to Receive Nearly $888 Million for F135 Spare Parts
A U.S. Air Force F-35A Lightning II assigned to the 354th Fighter Wing at Eielson AFB, Alaska, lands at Kadena Air Base, Japan on March 28th (U.S. Air Force Photo)

The Pentagon has awarded Raytheon Technologies' [RTX] Pratt & Whitney nearly $888 million for spare parts for the F135 engine for the Lockheed Martin [LMT] F-35 fighter. The firm fixed price contract modification "increases the contract ceiling to procure F135 propulsion system spare parts, modules, support equipment/packaging handling shipping and transportation material, and depot lay-in material in support of the F-135 propulsion system requirements for the Air Force, Marine Corps, Navy, Foreign Military Sales customers and non-Department of Defense participants,"…

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