The Air Force last week awarded more than $2 billion in advanced engine development contracts to Pratt & Whitney and General Electric. The contracts, worth more than $1 billion each with options, represent the next phase of the service's Advanced Engine Transition Program. Both companies have been developing and maturing technologies through the service's Advanced Engine Technology Demonstration program since 2011. The AETP contract will provide funding to transition that work into a full prototype engine. In a July 1...
