Rolls-Royce Wins $442 Million Contract For F-35 Lift Fan
01:43 PM, February 9, 2015
Rolls-Royce has won a contract worth $442 million for initial production of 17 lift systems to be used in a US fighter jet, F-35B.
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, according to Reuters.
The US government plans to spend about $400 billion to develop and build 2,457 of the radar-evading warplanes over the next two decades.
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Israel Buys Additional 14 F-35 Fighter Jets For $2.82 Billion
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