Rolls-Royce wins new $442 mln contracts for U.S. fighter jet
LONDON, Feb 9 (Reuters) - British engineering company Rolls-Royce said it won new contracts worth $442 million to produce the lift fan used in a U.S. fighter jet, the F-35 B-model.
Rolls-Royce said on Monday it agreed the contracts with Pratt & Witney, which builds the engine for the jet, in a deal which complied with a plan to reduce the cost of building the aircraft.
Pratt & Witney is a unit of United Technologies Corp .
The U.S. government plans to spend nearly $400 billion to develop and build 2,457 of the radar-evading warplanes over the next two decades.
Rolls-Royce said the new contracts covered initial production of 17 lift systems for the F-35B, plus support after they had been built.
(Reporting by Sarah Young; editing by James Davey)
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