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RTX's Pratt & Whitney awarded $1.5 billion F119 engine sustainment contract for U.S. Air Force's F-22 fleet

1. Pratt & Whitney secures three-year $1.5B contract. It sustains F119 engines. 2. Contract covers over 400 F119 engines. It enhances readiness and cuts lifecycle costs. 3. Engines logged over 900K flight hours. It supports the F-22 fighter jets' performance. 4. Initiative leverages real-time data for maintenance efficiency. It modernizes engine control.

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FAQ

Why Bullish?

The contract provides significant recurring revenue and operational stability, similar to past positive news for aerospace firms. Historical defense contracts have bolstered investor confidence in related stocks.

How important is it?

The deal directly impacts RTX's Pratt & Whitney business by ensuring steady revenue and operational improvements, which are key for defense and aerospace markets.

Why Long Term?

A three-year contract guarantees sustained income and improved efficiency for mature engine technology. Such deals influence long-term financial performance by reducing costs and enhancing readiness over time.

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Contract will improve readiness and reduce costs for more than 400 engines , /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, secured a three-year contract valued up to $1.5 billion to sustain F119 engines, which power the U.S. Air Force's F-22 fighter jets. The contract will improve readiness and reduce costs for an F119 fleet of more than 400 engines that have flown over 900,000 engine flight hours. "The F119's readiness and reliability rates have never been more important, and we are improving both while lowering lifecycle costs," said Jill Albertelli, president of Military Engines at Pratt & Whitney. "We are committed to helping our U.S. Air Force customer maintain the F-22's combat edge." The F-22 Raptor's two F119 engines generate over 35,000 pounds of thrust, enabling altitudes above 65,000 feet with unmatched speed and agility. Unlike many fighter jets, the F-22 can achieve and maintain supersonic speeds without afterburners, a strategic feature known as supercruise that conserves fuel and extends operational range. Pratt & Whitney has lowered costs on its F119 engines through its on-going Usage Based Lifing program, which leverages real-time data to enhance maintenance efficiency and extend engine life; while also improving the engine's kinematic performance with an engine control schedule update. This latest contract will continue these readiness and cost savings efforts with a focus on safety, availability, simplicity of maintenance, and modernization initiatives. 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 RTXRTX 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 $80 billion, is headquartered in Arlington, Virginia. For questions or to schedule an interview, please contact [email protected]. SOURCE RTX WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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