Pratt & Whitney Awarded $1.3 Billion Contract for F119 Engines
EAST HARTFORD, Conn., July 31, 2007 – Pratt & Whitney, a unit of United Technologies Corp. (NYSE:UTX) company, was awarded a $1.3 billion multiyear contract from the United States Air Force to deliver F119 engines for the F-22 Raptor. This contract includes the delivery of F119 engines in 2008, 2009 and 2010.
“This three-year contract for F119 engines will allow Pratt & Whitney to deliver a stable F119 configuration on-time and at a reduced price over single year contracts,” said Chris Flynn, director, F119 program for Pratt & Whitney. “Our focus is to exceed our customers’ expectations as we further strengthen our partnership with the U.S. Air Force.”
The 2007 Defense Authorization Bill approved the U.S. Air Force’s plan to procure 60 F-22 Raptors under a multiyear procurement contract, 20 funded in each fiscal year 2008, 2009 and 2010. That plan will bring the total F-22 buy to 183 aircraft, the most allowed under the 2006 Quadrennial Defense Review findings.
Currently the only fifth generation fighter engine in production, the F119 features a unique thrust-vectoring nozzle, allowing unprecedented speed, agility and precision. Two F119 engines enable the F-22 to supercruise, or achieve supersonic speeds without the use of the afterburner. Pratt & Whitney’s F119 propulsion system is the exclusive power for the F-22 Raptor.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.
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This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in the USAF's funding related to the F-22 aircraft and F119 engines, changes in government procurement priorities and practices or in the number of aircraft to be built; challenges in the design, development, production and support of technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corporation's Securities and Exchange Commission filings.
Pratt & Whitney Military Engines
860.557.0122
steven.lowry@pw.utc.com
Jennifer Whitlow
Pratt & Whitney
860.565.9600
jennifer.whitlow@pw.utc.com
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