Pratt Agrees To Fixed Prices For F-35 Engines
Pratt & Whitney hopes to sign for a fourth batch of F-35 Joint Strike Fighter engines within weeks, having accepted a government request to negotiate a fixed-price incentive contract instead of the originally planned cost-plus deal.
F-35 prime Lockheed Martin signed a fixed-price incentive contract for the $3.9 billion low-rate initial production (LRIP) Lot 4 of the fighter on Nov. 19 ...