Funding will support streamlined operations, better fleet
readiness
EAST
HARTFORD, Conn., Feb. 13,
2024 /PRNewswire/ -- Pratt & Whitney, an RTX
(NYSE: RTX) business, was awarded an F100 engine performance-based
logistics (PBL) sustainment contract by South Korea's Defense Acquisition Program
Administration (DAPA). This contract, with a base value of
$355 million, is the third
consecutive PBL contract Pratt & Whitney and DAPA have signed
since 2012, offering on-going maintenance support for the Republic
of Korea Air Force's (ROKAF) F-15 Eagles and F-16 Fighting
Falcons.
"For just over a decade, we have worked with DAPA on these
performance-based logistics contracts to establish a more strategic
sustainment solution for the ROKAF fighter fleet," said
Chris Johnson, vice president of
Fighter and Mobility Programs at Pratt & Whitney. "These
contracts are a win-win for both customers and industry because
they offer more efficient affordability and availability."
This contract is the latest initiative in an enduring
partnership between Pratt & Whitney, DAPA and ROKAF, and it
will support more efficient depot planning and improve overall
fleet readiness through long-term material forecasting. Sustainment
work began in December of 2023 and will run through the second half
of 2027.
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 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 2023 sales of
$68.9 billion, is headquartered in
Arlington, Virginia.
For questions or to schedule an interview, please contact
corporatepr@rtx.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-receives-a-355-million-f100-engine-sustainment-contract-for-south-koreas-f-15s-f-16s-302060257.html
SOURCE RTX