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RTX Pratt & Whitney receives $355 million F100 engine sustainment contract

East Hartford, Connecticut, February 13, 2024, PRNewswire – Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded an F100 engine performance-based logistics (PBL) sustainment contract by South Korea’s Defense Acquisition Program Administration (DAPA). This contract, with a base value of $355 million, is the third consecutive PBL contract Pratt & Whitney and DAPA have signed since 2012, offering on-going maintenance support for the Republic of Korea Air Force’s (ROKAF) F-15 Eagles and F-16 Fighting Falcons.

This contract is the latest initiative in an enduring partnership between Pratt & Whitney, DAPA and ROKAF, and it will support more efficient depot planning and improve overall fleet readiness through long-term material forecasting. Sustainment work began in December of 2023 and will run through the second half of 2027.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

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Pratt & Whitney receives contract for TF33 engines powering B-52 and E-3 aircraft

East Hartford, Connecticut, November, 2023, PRNewswire – Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded a long-term TF33 engine sustainment contract valued up to $870 million by the Defense Logistics Agency. The TF33 engine provides power to a wide range of aircraft, including the Boeing (NYSE: BA) B-52 Stratofortress and E-3 Sentry.

This agreement is a culmination of the Defense Logistics Agency’s decades-long partnership with the 448th Supply Chain Management Wing, Tinker Air Force Base, Okla., and Pratt & Whitney to establish a holistic sustainment solution. This first-of-its-kind approach will reduce obsolescence, supporting the U.S. Air Force’s wartime readiness today and into the foreseeable future.

Under this contract, Pratt & Whitney will provide comprehensive engine sustainment services for a global fleet of nearly 1,000 engines over a six-year period, with an option of extending for another four years. Services under this contract include maintenance, spare parts, program management, field service, repairs and engineering support.

Sustainment work will run through April 2034 at Tinker Air Force Base, Oklahoma, additional U.S. Air Force locations, and Pratt & Whitney’s Southern Logistics Center located in Atlanta, Georgia.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

 

 

 

 

 

 

 

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Alstom to supply 60 single level coach cars to the Connecticut Department of Transportation

August 9, 2023 – Alstom (OTC: ALSMY)and the Connecticut Department of Transportation (CTDOT) confirmed an order for 60 single-level rail coach cars valued at approximately €285 million (approximately USD $315 million) with options to build an additional 313 cars, as part of CTDOT’s coach renewal program for its statewide rail system. Delivery is scheduled to begin in 2026.

The agreement calls for the delivery of fully customised, sustainable, next-generation commuter rail cars specifically designed for North America, providing riders with safe, comfortable, 125 mph commuter rail service. The new vehicles will all be compliant with the Americans with Disabilities Act (ADA), Federal Railroad Administration (FRA) and American Public Transportation Association (APTA) requirements.

The vehicles will have a convenient two-by-two seating configuration with foldable tables and easy access for wheelchair passengers. The new cars will also provide an enhanced passenger experience with convenient overhead luggage racks, workstation tables and a bicycle storage area, safe and reliable wi-fi access, real time information on upcoming stops, conveniently located power and USB access, and the most current cybersecurity safety features. In addition, passengers will enjoy panoramic balcony-style windows at wheeled mobility spaces, allowing for the flow of natural sunlight through the car’s interior, giving riders great views.

RTX Collins Aerospace opens $14 million manufacturing expansion in West Des Moines, Iowa

West Des Moines, Iowa, July 20, 2023 /PRNewswire/ – Collins Aerospace, an RTX (NYSE: RTX) business, today celebrated the opening of a $14 million expansion of its additive manufacturing center in West Des Moines, Iowa. The 9,000-square-foot addition provides space for the site to house several new state-of-the-art 3D metal printers. The first printer installed has eight times the build volume of the facility’s existing printers, significantly increasing the center’s additive manufacturing capabilities.

The West Des Moines facility is a world leader in the design and production of engine components for commercial and military aircraft. The new printers will allow the site to explore additive production of these components, building on the multiple land-based turbine components it already has in production. Additionally, the facility is one of only eight in the U.S. to receive the National Aerospace and Defense Contractors Accreditation Program (NADCAP) certification for Additive Manufacturing.

Additive manufacturing is a critical focus area for Collins and the business maintains a global network of additive production centers in Iowa, Minnesota, North Carolina and Singapore, along with an additive research center in Connecticut.

An Airbus A330 operated by Air China takes off from Shanghai airport

Sikorsky Continues Legacy With Latest Contract to Build Presidential Helicopters

STRATFORD, Conn. Feb. 10 – Continuing its 63-year legacy of providing safe and reliable transportation for the president of the United States, Sikorsky, a Lockheed Martin company (NYSE: LMT), is under contract to manufacture a total of 23 VH-92A® Presidential Helicopters for the U.S. Marine Corps. Sikorsky is on schedule to deliver the next generation presidential helicopter later this year.

The award announced February 5, 2021 by the U.S. Navy for five aircraft is the final lot of VH-92A presidential helicopters set to deliver in 2023.  Sikorsky’s highly skilled workforce is completing final modifications on 12 of the production aircraft at its manufacturing facility in Stratford, Connecticut and Owego, New York.

The VH-92A will transport the president and vice president of the United States and other officials. Sikorsky brings unmatched experience and a proven track record to this mission having flown every U.S. commander-in-chief since President Dwight D. Eisenhower. The VH-92A, also called a “White Top” due to its notable white and green livery, will continue this legacy for decades to come.

The VH-92A program ensures long-term affordability and maintainability by utilizing the FAA certified Sikorsky S-92 aircraft which has industry leading reliability and availability. The S-92 aircraft is modified for the VH-92A mission based on government-defined requirements. The S-92 fleet surpassed 1.7 million flight hours in 2020 and averages 14,400 hours of safe flight per month.

JetBlue to Add 4 Nonstop Routes from Hartford’s Bradley Airport

Adding Los Angeles, Las Vegas, San Francisco and Cancún, Mexico to Schedule

JetBlue Planning to be the Largest Carrier in Connecticut by 2021

JetBlue (NASDAQ: JBLU) today announced it is expanding service in Hartford, Conn., with four new nonstop routes between Bradley International Airport (BDL) and Los Angeles (LAX), Las Vegas (LAS), San Francisco (SFO) and Cancún, Mexico (CUN)*. These routes are part of JetBlue’s strategy to add routes with high potential for leisure demand, and will set the airline up to be the largest carrier in Connecticut by 2021.

Last week, Connecticut simplified its travel advisory enabling all travelers visiting or returning to the state to provide a negative COVID-19 test result obtained within 72 hours prior to or upon arrival to avoid the state’s 14-day quarantine.

“We are excited to roll out these new routes connecting Hartford to some of our largest leisure destinations, bringing more low fares and great service to Connecticut residents,” said Scott Laurence, head of revenue and planning, JetBlue. “We are proud to play our part in support of Gov. Lamont’s economic recovery plan. We see great long-term potential for our business in Connecticut, as it becomes an increasingly attractive place to live and work. Additionally, the simplified travel advisory gives clarity to everyone who needs or wants to travel through Bradley International Airport.”

“One of Connecticut’s best competitive assets is its international airport in such close proximity to so many of our communities and employers,” said Connecticut Governor Ned Lamont. “This strengthening of the partnership with JetBlue shows once again how important Bradley International Airport is to our present and our future. More routes, and a strong international airport are key to Connecticut’s success.”

“We are thrilled that JetBlue has taken the step to strengthen their presence and route network at Bradley Airport with this impressive launch of four new cities,” said Kevin Dillon, executive director, Connecticut Airport Authority. “JetBlue is an important partner for us, and we are very pleased to see that the airline recognizes the potential of the Bradley Airport market. We are confident that our strengthened partnership will provide major benefits for Connecticut travelers, JetBlue, and Bradley Airport.”

JetBlue has built a sizeable presence in Hartford with up to 12 flights per day pre-pandemic and has been instrumental in adding new routes and lowering fares for state residents. When the routes launch in the coming months, JetBlue will have the most nonstop destinations from Bradley International Airport of any carrier.

Service between Bradley International Airport (BDL) and:
Cancún, Mexico (CUN)*Launching November 19, 2020
Los Angeles (LAX)Launching December 18, 2020
Las Vegas (LAS)Launching December 18, 2020
San Francisco (SFO)Launching December 18, 2020

The announcement for new Connecticut routes comes shortly after the airline revealed a lineup of two dozen all-new nonstop destinations, plus expanded Mint service in Newark and Los Angeles. Each route plays to JetBlue’s strengths in the airline’s focus cities, in Florida, Latin America and the Caribbean or on cross-country – or transcontinental – flying. Every market has been identified as one in which JetBlue anticipates increasing demand for leisure travel.

In anticipation of these recent network additions, JetBlue is readying some aircraft that have been temporarily parked. The airline is dedicated to remaining flexible, continuing to assess the airline’s network and allowing market demand to determine how long a particular route continues to operate.

Amtrak Receives $63 Million from FRA for Northeast Corridor Infrastructure Improvements

  • State of Good Repair grant financing will help fund projects in New Jersey and Maryland

The Federal Railroad Administration (FRA) has awarded two Northeast Corridor (NEC) grants to Amtrak as part of its $302.6 million in the State of Good Repair grants to help repair and rehabilitate railroad infrastructure and other assets across the country for 12 projects in nine states. Totaling more than $63 million, the two grants will help fund the Portal North Bridge Project and the Winans to Bridge Improvement project.

“Improving infrastructure in this country is vital to strengthening the economy and providing a safer, more reliable travel experience as we look towards recovery,” said Amtrak President and CEO Bill Flynn. “We thank the FRA, and  our state and NEC partners for their invaluable support in awarding us these grants.”

A total of $55.1 million of the State of Good Repair grant issued by the Federal Railroad Administration was awarded towards the Portal North Bridge Project to replace the century old two-track swing bridge in Kearny, New Jersey with a fixed span. Serving as a critical link for intercity and commuter customers traveling to or from New York City, the current bridge was used by 450 daily trains with passengers making more than 200,000 daily trips on Amtrak’s intercity and New Jersey Transit’s commuter rail services in 2019.

The new bridge is designed as a 2.44-mile modern fixed structure that will eliminate the failures associated with aging infrastructure that causes delays across the NEC. A higher clearance (more than 50 feet above the Hackensack River), will eliminate the need for the bridge to open, allowing for faster operating speeds (from 60 to 90 mph), improved performance and greater reliability for an upgraded customer experience. Early construction of the new bridge began in Fall 2017 and was completed on time and on budget. NJ TRANSIT is seeking a Core Capacity grant from the Federal Transit Administration that would allow major construction to begin as soon as next year.

The Portal North Bridge Project is a key component of the Gateway Program and is identified as a regional priority in the NEC Commission’s five‐year capital plan.

Additionally, as part of a separate project, Amtrak, in partnership with Maryland Department of Transportation, Maryland Transit Administration (MDOT MTA), is also slated to receive $8 million to rehabilitate and upgrade a five‐mile section of track that is part of the Amtrak‐owned NEC mainline near Baltimore.

The project will restore Track A to 90 mph speeds, up from 60 mph, to shorten trip times, improve ride quality, and provide operational flexibility. The work will include upgrades from Winans to Bridge interlockings, replacing timber ties with concrete, installing heavier rail and laying new ballast. Bridge interlocking is located at the north end of West Baltimore Station and Winans is at the south end of Halethorpe Station. These upgrades will enable high‐speed operations on all four tracks on this segment.

The project will also enable service to be maintained while tracks are taken out of service to allow support for construction elements of the B&P Tunnel Replacement project. This work is included in the Northeast Corridor Commission’s five‐year capital plan as a regional priority. To learn more about these and other critical infrastructure projects Amtrak is working on, visit nec.amtrak.com/readytobuild/.

Other grant awards include Amtrak shared joint applications with Connecticut DOT for the WALK Bridge Replacement in Norwalk, Connecticut and Substation 41 Reconstruction in Kearny, NJ as led by NJ TRANSIT as well as other NEC related projects in New York and Pennsylvania. In addition, grants were awarded to various projects in California, Illinois, Michigan and North Carolina that provide benefits to Amtrak and its Long Distance and/or State-Supported customers.

Amtrak Offers Additional Service in Mystic, CT and Westerly, RI with New, Modified Schedules

  • Provides more efficient service to improve the travel experience and benefit customers throughout New England and the greater Northeast

NEW YORK – Amtrak continues to prioritize upgrading the customer experience as travelers along the Northeast Corridor (NEC) will now benefit from increased weekday service on Northeast Regional trains at popular stations in Mystic, CT and Westerly, RI to receive more access to the region’s major markets. The new schedule, which largely alternates trains at these stations to provide more meaningful service, will go into effect beginning Monday, March 16. 

“By providing additional service for Mystic and Westerly, travelers and residents will reap the benefits of a more efficient travel experience,” said Amtrak President and CEO Richard Anderson. “The benefits will also expand beyond these two stations as it allows Amtrak to better serve populations and cities along the NEC by offering additional access to and from urban areas in Boston, New York, and Virginia.”

In addition to the customer benefits and improvements to quality of travel via the expanded service, Amtrak also remains committed to continuous improvement and innovation throughout the entirety of its rail network, on its trains and at its stations. Amtrak recently announced the expansion of its popular assigned seating offering in Business Class for Northeast Regional trains, which provides a more seamless onboarding process and the option for customers to select their preferred seat.Northeast Regional trainsas part ofAmtrak’s NEC fleet, are also the country’s only all-electric intercity trains, providing a more environmentally friendly way to travel as part of Amtrak’s goal to reduce its carbon footprint.

Weekday Southbound trains will now stop at Westerly and Mystic at the following times (new service highlighted in blue):

Weekday Northbound trains will now stop at Westerly and Mystic at the following times:

There are no changes to weekend trains at this time; Schedules are subject to change. Tickets are now on sale on Amtrak.com, the Amtrak app, via our ticket agents or by calling 1-800-USA RAIL.

JetBlue Founder David Neeleman Selects Salt Lake City as Headquarters for New Airline

JetBlue Founder David Neeleman Selects Salt Lake City as Headquarters for New Airline

America’s newest and perhaps most innovative airline does not yet have a name, or any airplanes. But it now has a headquarters.

David Neeleman’s startup will be based in Salt Lake City, where it plans to spend a capital investment of $3.2 million and create nearly 400 jobs over the next five years, according to local authorities. In return, the state offered tax rebates worth as much as about $1.1 million over five years.

“There’s a super strong technology base, and lower cost of living than California and some of the coastal areas,” Lukas Johnson, the airline’s chief commericial said in an interview. “We want to focus more on the technology aspect of the transportation side, and it makes a lot of sense. The tech sector is booming out here.”

Click the link for the full story! https://finance.yahoo.com/news/jetblue-founder-david-neeleman-selects-195511487.html

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