RTX's Pratt & Whitney receives a $355 million F100 engine sustainment contract for South Korea's F-15s, F-16s
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.
- 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.
- 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.