RYCEY Rolls Royce Holdings PLC (PK)

By Razak Musah Baba

LONDON--Rolls-Royce Holdings PLC (RR.LN) said Monday that it has been awarded three contracts totaling up to $442 million to produce and support LiftSystems for F-35B Lightning II aircraft, including price reductions from prior contracts.

The new contracts cover Low Rate Initial Production of 17 LiftSystems for F-35B aircraft, plus support, for two contract periods (LRIP 7-8), and were agreed between Rolls-Royce and Pratt & Whitney, the propulsion provider for the F-35 program.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

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