RTX's Pratt & Whitney receives sustainment contract valued up to $870 million for TF33 engines powering B-52s, E-3s

Rhea-AI Summary

Pratt & Whitney (RTX) awarded a $870 million long-term TF33 engine sustainment contract by the Defense Logistics Agency. The contract aims to establish a holistic sustainment solution for the TF33 engine, supporting a range of aircraft, including the B-52 Stratofortress and E-3 Sentry. Pratt & Whitney will provide comprehensive engine sustainment services for a global fleet of nearly 1,000 engines over a six-year period, with an option of extending for another four years. The services include maintenance, spare parts, program management, field service, repairs, and engineering support. This first-of-its-kind approach will reduce obsolescence, supporting the U.S. Air Force's wartime readiness today and into the foreseeable future.

Positive

• Pratt & Whitney's long-term sustainment contract with the Defense Logistics Agency is a significant achievement, demonstrating the company's commitment to supporting the U.S. Air Force's critical missions. The contract's value of up to $870 million reflects the scale and importance of the project, potentially leading to increased revenue for Pratt & Whitney. The comprehensive sustainment services provided by Pratt & Whitney will contribute to the readiness and effectiveness of the global fleet of TF33 engines, enhancing the company's reputation for reliability and quality in the defense industry.

Negative

• None.

Long-term solution supports strategic deterrence and readiness

EAST HARTFORD, Conn., Nov. 15, 2023 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded a long-term TF33 engine sustainment contract valued up to $870 million by the Defense Logistics Agency. The TF33 engine powers a range of aircraft, including Boeing's B-52 Stratofortress and E-3 Sentry.

This agreement is a culmination of the Defense Logistics Agency's decades-long partnership with the 448^th Supply Chain Management Wing, Tinker Air Force Base, Okla., and Pratt & Whitney to establish a holistic sustainment solution. This first-of-its-kind approach will reduce obsolescence, supporting the U.S. Air Force's wartime readiness today and into the foreseeable future.

"An engine's sustainment phase is a critical but often underappreciated portion of military readiness," said Jill Albertelli, president of Military Engines at Pratt & Whitney. "The TF33 enterprise is maturing beyond the conventional approach to a more complete, advance sustainment process that will maximize the TF33's support to many missions across the globe through 2050."

Under this contract, Pratt & Whitney will provide comprehensive engine sustainment services for a global fleet of nearly 1,000 engines over a six-year period, with an option of extending for another four years. Services under this contract include maintenance, spare parts, program management, field service, repairs and engineering support.

Sustainment work will run through April 2034 at Tinker Air Force Base, Okla., additional U.S. Air Force locations, and Pratt & Whitney's Southern Logistics Center located in Atlanta, Ga.

About Pratt & Whitney 
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more visit www.prattwhitney.com.

About RTX
RTX is the world's largest aerospace and defense company. With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2022 sales of $67 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

 

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SOURCE RTX

What is the value of the TF33 engine sustainment contract awarded to Pratt & Whitney?

Pratt & Whitney was awarded a long-term TF33 engine sustainment contract valued up to $870 million by the Defense Logistics Agency.

What services are included in the contract?

The services under this contract include maintenance, spare parts, program management, field service, repairs, and engineering support for a global fleet of nearly 1,000 engines over a six-year period, with an option of extending for another four years.

Which aircraft are powered by the TF33 engine?

The TF33 engine powers a range of aircraft, including Boeing's B-52 Stratofortress and E-3 Sentry.

Where will the sustainment work run through?

Sustainment work will run through April 2034 at Tinker Air Force Base, Okla., additional U.S. Air Force locations, and Pratt & Whitney's Southern Logistics Center located in Atlanta, Ga.