LAI International Signs $127 Million Engine Component Agreement with Pratt & Whitney
LAI International, Inc. has signed a fifteen-year agreement valued at more than $127 million with Pratt & Whitney, a United Technologies Corp. company (NYSE: UTX). Under the agreement, LAI International, Inc. will provide parts for Pratt & Whitney’s next generation engine programs, including the PurePower® engines for the Bombardier CSeries aircraft, Airbus A320neo aircraft, and Irkut MC-21 aircraft.
“At LAI International, we are proud to further strengthen our relationship with Pratt & Whitney for the next 15 years and beyond,” said Patrick J. (PJ) Gruetzmacher, CEO & President, LAI International, Inc. “We have repeatedly demonstrated through the development phase and now into production our ability to meet Pratt & Whitney’s high quality, technical, cost and delivery standards. We’ve achieved this by investing in not only manufacturing technologies, but our employees.”
“LAI International has proven their ability to meet Pratt & Whitey’s stringent delivery requirements and is in the process of working with us to certify their manufacture process to guarantee quality,” said Sergio Loureiro, Vice President, Strategic Sourcing and Contracts, Pratt & Whitney. “Within the next decade we will more than double production of our commercial and military engines. Suppliers such as LAI International who sign long-term agreements will provide valuable parts for Pratt & Whitney’s engines for decades to come.”
As the provider of the F135 engines for the F-35 and with more than 6,000 orders and commitments for the PurePower® Geared Turbofan™ engine family, Pratt & Whitney will more than double production by the end of the decade. In preparation for the ramp, Pratt & Whitney is investing heavily in its global manufacturing network and bringing on suppliers who can deliver high-quality parts and materials.