GE defeats Raytheon over $ 1.58 billion Air Force engine project
The U.S. Air Force has awarded General Electric a potential $ 1.58 billion contract to supply up to 329 engines for the service’s newest jet fighter, the F-15EX, if all seven options are exercised, beating Rival Raytheon Technologies’ Pratt & Whitney unit in a competition, the Pentagon announced on Friday.
GE has secured a first firm, fixed-price contract to supply and install 29 engines for the F-15EX fleet for $ 136 million, the first phase of a project that could last until 2031.
The Air Force said in January 2020 that it plans to purchase the engines from GE. Pratt & Whitney, which supplied engines for previous F-15 models, protested the plan. This forced the service to open the program to the competition that GE has now won.
“We are honored to help the US Air Force start a new chapter by providing reliable F110 power for the F-15EX,” said Shawn Warren, GE vice president of combat and training engines, in a press release, referring to the selected GE engine.
The Boeing-built F-15EX jet will replace aging F-15C / D fighters. Boeing sees the EX as a way to carve out a niche in the market it lost in 2001 when Lockheed Martin defeated it in competition to build the F-35 fighter.
In a statement, Pratt & Whitney said it was disappointed that the Air Force did not select its offer.
âWe believe we have offered the most reliable, proven engine with the best overall value to the USAF for the F-15EX propulsion competition,â the company said.