23-May-2008 10:41 AM
Pratt & Whitney joint venture signs $210M contract with Northrop Grumman
Analysis
San Francisco (Thomson Financial) - Pratt & Whitney, in a joint venture with Seven Q Seven, said Thursday it has signed a $210 million contract with Northrop Grumman Corp. to re-engine the Air Force's fleet of Joint Surveillance Target Attack Radar System, or Joint STARS, aircraft.
Production of the JT8D-219 propulsion system will begin in 2010, the company said. Pratt & Whitney will be responsible for delivering the JT8D-219 engines and Seven Q Seven will supply the propulsion nacelle system, which includes the struts, cowl doors, inlets, reversers and systems, the company said. Pratt & Whitney is a United Technologies Corp. company. Shares of East Hartford, Conn.-based United Technologies were down 14 cents at $71.88.