5 Euro Shipbuilders form Materials Procurement Club

5 Euro Shipbuilders form Materials Procurement Club

Five major European naval shipbuilders have formed a “club” to promote synergies in materials procurement as part of broader efforts to reduce costs. Procurement represents approximately 60% of the cost of a typical warship program, and participating...
5 Euro Shipbuilders form Materials Procurement Club

$120M for JSF’s First 5 F135 Conventional Engines

F135 Assembly(click to view full) United Technologies Corp. subsidiary Pratt & Whitney Military Engines in East Hartford, CT received a $120 million ceiling-priced cost-plus-incentive-fee, award-fee contract for the low rate initial product lot 1 procurement of...