Friday, November 22, 2024
HomeHightechDefenseBet Shemesh Engines Signs $800 Million Contract

Bet Shemesh Engines Signs $800 Million Contract

Bet Shemesh Engines announced it has signed a new $800 million contract with Pratt and Whitney Canada, to provide parts for P&W’s engines. The new agreement will last until 2039.  P&W Canada is a separate subsidiary of US-based Pratt & Whitney that specializes in smaller engines for commuter planes and business jets. The latest agreement brings the orders that Bet Shemesh has now booked for delivery through 2039 to $2.6 billion. This new contract is the largest that the company ever received.

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