Pratt & Whitney

Lawmakers Cooling on F-35 Multi-Year Production Contracts

Cpl. Kendal Parish and Sgt. Arben Kupa, both Airframe Mechanics from Marine Fighter Attack Training Squadron 501, reinstall a panel of an F-35B Lightning II Joint Strike Fighter after maintenance aboard the USS Wasp, May 24, 2015.

CAPITOL HILL – Lawmakers said Wednesday they’re unlikely to authorize the Pentagon to award a coveted multi-year contract to build F-35 Lightning II Joint Strike Fighters unless the program solves such problems as chronic shortages of spare parts that often wear out...

https://news.usni.org/2019/11/13/lawmakers-cooling-on-f-35-multi-year-production-contracts

Lawmakers, White House Have Questions About United Technologies Purchase of Raytheon

United Technologies Corp.’s planned purchase of Raytheon Company, announced over the weekend, is spurring lawmakers and the White House to ask questions on how the merger would limit competition in the defense industry.

Over the weekend, United Technologies (UTC) announced its plan, pending regulatory and shareholder approval, to purchase Raytheon in an all-stock deal. The new firm will be known as Raytheon Technologies and focus on government contracts, especially drawing on each company’s...

https://news.usni.org/2019/06/10/lawmakers-white-house-have-questions-about-united-technologies-purchase-of-raytheon