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  • Friday, November 22, 2024

Raytheon Receives $212M Delivery Order for Morocco Fighter Aircraft Engines

The U.S. Air Force has awarded Raytheon Technologies (NSYE: RTX) a $212.05 million sole-source delivery order to provide fighter aircraft engines to Morocco to fulfill a foreign military sales requirement.

The order is for F100-PW-229 install engines, manufactured by Raytheon’s Pratt & Whitney business, as part of an indefinite-delivery/indefinite-quantity contract, the Department of Defense said Monday.

Work will take place in East Hartford, Connecticut, and has an estimated completion date of June 30, 2025.

Morocco asked to procure 25 F-16C/D Block 72 jets, built by Lockheed Martin (NYSE: LMT), and 29 Pratt & Whitney F100-229 engines and other related equipment from the U.S. government under a potential $3.9 billion FMS transaction the State Department approved in March 2019.

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