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Pratt & Whitney Lands $1.25B Contract

May 20, 2003

EAST HARTFORD, Conn. (AP) _ Pratt & Whitney has been awarded a $1.25 billion contract to build 240 jet engines for the Air Force C-17 Globemaster transport plane.

The engines, which are military versions of Pratt’s PW2000 commercial engine, will be delivered through 2007 with deliveries beginning this year, the Defense Department said.

The contract also includes options in 2004 through 2007 to buy related spare engines.

Roughly $140 million of the total funds have been allocated, the Pentagon said.

Pratt, a subsidiary of Hartford-based United Technologies Corp., also has a contract to maintain the C-17 engines.

In a separate deal, Pratt also won a $20.8 million contract Friday to provide two additional F119 engines to power an F/A-22 Raptor jet fighter.

Roughly $10 million of the total has been allocated with work scheduled to be completed by February 2005, according to the Defense Department.

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