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RTX's Pratt & Whitney receives TF33 engine sustainment contract for NATO's E-3 Sentry fleet

1. Pratt & Whitney won an $18 million NATO engine contract. 2. Contract ensures sustained readiness for NATO's E-3 AWACS fleet. 3. The contract spans three years with a possible two-year extension. 4. This contract supports global operations for 32 NATO nations. 5. Pratt & Whitney manages comprehensive engine support services.

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Why Bullish?

NATO contract signifies consistent revenue stream and reinforces RTX's prominence in defense.

How important is it?

Significant contract for Pratt & Whitney strengthens RTX's financial outlook and market position.

Why Long Term?

The ongoing nature of the contract implies sustained revenue and operational stability for several years.

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NATOBALMTNOC
Contract will support fleet readiness for NATO's "eyes in the sky" , /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has received an $18 million TF33 engine sustainment contract from the NATO Support Procurement Agency (NSPA). Under this contract, Pratt & Whitney will provide comprehensive engine sustainment services for NATO's fleet of airborne warning and control system (AWACS) aircraft, also known as the E-3 Sentry. "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 Turkey and Greece, and Pratt & Whitney's East Hartford, Conn. facility. 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 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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