RTX's Pratt & Whitney receives TF33 engine sustainment contract for NATO's E-3 Sentry fleet
Rhea-AI Summary
RTX (NYSE: RTX) subsidiary Pratt & Whitney has secured an $18 million contract from the NATO Support Procurement Agency for TF33 engine sustainment services. The contract will support NATO's E-3 Sentry AWACS fleet, providing comprehensive engine maintenance and materials management.
The agreement spans three years with a potential two-year extension option. Services will include part forecasting, procurement, and technical support, conducted across multiple locations including Geilenkirchen NATO Air Base, depots in Turkey and Greece, and Pratt & Whitney's East Hartford facility.
Positive
- Secured $18 million contract for engine sustainment services
- Contract includes option for two-year extension beyond initial three-year term
- Strengthens long-term relationship with NATO, a key defense customer
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, RTX gained 2.14%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Contract will support fleet readiness for NATO's "eyes in the sky"
"NATO's TF33-powered E-3s have played a pivotal role supporting air, ground and maritime operations for over 40 years, providing its 32 member nations with air surveillance, real-time situational awareness and battle management," said Jessica Villardi, vice president of Fighter and Mobility Programs at Pratt & Whitney. "Our integrated engine sustainment approach will help maximize fleet readiness for years to come."
Pratt & Whitney will provide a materials management program to include part forecasting, procurement and technical support. The contract duration is for three years, with an option to extend it for an additional two years.
Work on this contract will be conducted at several locations, including the Geilenkirchen NATO Air Base, depots in
About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.
About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 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 2024 sales of more than
For questions or to schedule an interview, please contact corporatepr@rtx.com.
View original content:https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-receives-tf33-engine-sustainment-contract-for-natos-e-3-sentry-fleet-302551881.html
SOURCE RTX
FAQ
What is the value of RTX's new NATO engine sustainment contract?
How long is the duration of RTX's NATO engine sustainment contract?
Where will RTX perform the NATO engine sustainment work?
What services will Pratt & Whitney provide under the NATO contract?
