Summary
RTX Corporation’s Pratt & Whitney has secured a significant contract worth up to $1.3 billion from the U.S. Department of Defense to upgrade the F135 Engine Core. This contract aims to enhance the engine’s durability, power, and cooling capabilities for the F-35 fighter jet program, ensuring long-term operational effectiveness and job security in Connecticut and across the country.
The F135 engine is critical for the F-35 Joint Strike Fighter program, which is used by multiple branches of the U.S. military and allied nations. Pratt & Whitney’s commitment to this program has been reinforced by the recent contract, which follows a series of previous agreements that establish the company as the sole provider of the F135 engine for at least another seven years. The upgrades are expected to be completed by March 2028, with over half of the work taking place in East Hartford, Connecticut, where Pratt & Whitney is headquartered. This initiative not only supports the advancement of military technology but also safeguards thousands of jobs and strengthens the U.S. defense industrial base.
Contract Details
- Value: Up to $1.3 billion
- Purpose: Upgrade the F135 Engine Core to improve durability, power, and cooling.
- Completion Date: Expected by March 2028.
Economic Impact
The F135 program has supported tens of thousands of jobs across 43 states, with significant employment concentrated in Connecticut. The contract is seen as vital for maintaining the workforce and enhancing the capabilities of the F-35 fleet, which includes ongoing development and integration efforts.
Strategic Importance
The F135 engine upgrades are part of a broader strategy to ensure that the U.S. military maintains a technological edge. By modernizing the engine, Pratt & Whitney aims to meet the evolving demands of military operations while ensuring that the F-35 remains a key asset for the U.S. and its allies for decades to come.
CT’s Pratt & Whitney gets $1.3B contract for F135 engine upgrades
Oct. 1 / Courant / Focuses on the economic implications of the contract for Connecticut and the broader U.S., detailing job support and the program's history. It provides a comprehensive view of political support, making it informative and relevant. “ The U.S. Department of Defense awarded a $1.3 billion contract to Pratt & Whitney late Monday, giving a major boost to a program that will modernize the...
RTX Wins $1.3B Contract For F135 Engine Upgrade: Details
Oct. 1 / Benzinga / Highlights the $1.3 billion contract for the F135 Engine Core Upgrade, emphasizing its impact on durability and capabilities for the F-35. The insights from Pratt & Whitney executives lend credibility and detail. “ On Monday, RTX Corporation ‘s RTX business, Pratt & Whitney, won a contract worth up to $1.3 billion to advance the F135 Engine Core Upgrade (ECU) . The...
RTX Shares Are Trading Higher Today: What You Need To Know
Oct. 1 / Benzinga / Connects RTX's stock performance to geopolitical events while briefly mentioning the F135 contract. It lacks depth on the engine upgrade, making it less valuable for those seeking detailed insights on the contract itself. “ Shares of RTX Corporation RTX are trading higher Tuesday, following a report suggesting an Iranian missile strike at Israel is imminent. Here’s what you need...