1. Pratt finalizes $1B deal for F-35 engines

    Pratt finalizes $1B deal for F-35 engines

    Pratt & Whitney said this morning that it has finalized a deal with the U.S. Department of Defense to provide engines for a sixth batch of F-35 fighter jets.
    Though Pratt has yet to state the value of the deal, an anonymously sourced Reuters story that preceded the announcement pegged it at $1 billion or more, similar to contracts for previous batches.

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    1. This agreement represents a fair deal for government and Pratt & Whitney.