Pratt & Whitney secured a $3.8 billion contract modification for lots 18-19 of the F135 engine, powering the F-35 Lightning II jets. This deal finalizes production for lot 18 and supports lot 19, bringing the total contract value for these lots to $6.6 billion. The company is investing over $1 billion to expand production capacity and has already increased engine production rates by 20%. The F135 program supports over 66,000 U.S. jobs and involves 20 allied nations, highlighting its global economic and defense significance.
Raytheon successfully demonstrated its Next Generation Short Range Interceptor (NGSRI), designed to replace the Stinger missile for the U.S. Army. The demo showed the missile's improved range, precision, and lethality, using advanced optics and a new...
Pratt & Whitney has enhanced its engine inspection process by acquiring Amsterdam-based Aiir Innovations and integrating its AI-assisted borescope software. This technology improves the consistency and efficiency of inspections for commercial, civil,...
