Ultra signs supply agreement with Pratt & Whitney

The agreement was awarded by United Technologies Corporation, acting through its Pratt & Whitney Division (P&W) based in Connecticut. The agreement is effective for the life of the programme, or a minimum of 30 years. Based upon the potential production volumes, in-service spares, repairs and additional through-life support, the agreement is valued at approximately $500m. Rakesh Sharma, Chief Executive of Ultra, commented: “I am delighted that we have been awarded this long term supply agreement. Using our specialist capability, we have been working with Pratt & Whitney over a number of years to develop a technical solution for the F135 engine. Agreements such as this underpin the resilience of the Ultra business model and are derived through the fostering and developing ofenduring customer relationships.