Pratt & Whitney Scores Another Military Contract Boost

The U.S. Department of Defense has awarded a contract boost to a subsidiary of Connecticut-based United Technologies Corp. (NYSE: UTX). A portion of the work on the $7.4 million contract adjustment for Pratt and Whitney Military Engines will be performed in Indianapolis.
The contract calls for the production of spare parts and spare part packages for the F-35 Lightning II aircraft for the U.S. Marine Corps and the U.S. Navy. The DOD says 38 percent of the work will be performed in Indianapolis with the remainder of the work being done in Connecticut.
The Naval Air Systems Command in Maryland is the contracting activity. The contract boost is the latest award for Pratt & Whitney, which in July received a $216 million contract, to be shared with Rolls-Royce in Indianapolis, for the production of LiftSystems for the F-35B Lightning II fighter jet.