Pratt & Whitney signs $16bn in supplier long-term agreements

Pratt & Whitney has signed an additional $6bn in long-term agreements since May. In total, Pratt & Whitney has signed more than 135 agreements with a projected spend of $16bn to support the company’s expected production increase. The agreements, which are with key product suppliers from around the world, will help the company increase capacity as it prepares to more than double engine production over the next decade. “Our suppliers make up a critical part of our future production capacity and by signing long-term agreements we are enabling them to invest in equipment, people and training in order to produce and deliver perfect-quality components,” said Danny Di Perna, senior vice president, Engineering and Operations. “These agreements secure sources of parts and components for years to come and ensure the capacity investments to support our production ramp.” The agreements are with high-performing suppliers who will supply key parts and components for all Pratt & Whitney products from the PurePower engine family to the F135 military engine to auxiliary power units. These suppliers have committed to the highest performance and ethical standards.