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Monday, February 09, 2015

Rolls-Royce wins new $442 mln contracts for U.S. fighter jet

British engineering company Rolls-Royce said it won new contracts worth $442 million to produce the lift fan used in a U.S. fighter jet, the F-35 B-model.

Rolls-Royce said on Monday it agreed the contracts with Pratt & Witney, which builds the engine for the jet, in a deal which complied with a plan to reduce the cost of building the aircraft.

Pratt & Witney is a unit of United Technologies Corp .

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