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home / news releases / RTX - General Electric Raytheon Boeing Lockheed Martin and Northrop Grumman are awarded $975M contract for Next Generation Adaptive Propulsion program


RTX - General Electric Raytheon Boeing Lockheed Martin and Northrop Grumman are awarded $975M contract for Next Generation Adaptive Propulsion program

  • General Electric ( GE ), Raytheon Technologies ( RTX ), Boeing ( BA ), Lockheed Martin ( LMT ), and Northrop Grumman ( NOC ) have been awarded an ID/IQ contract with a program ceiling of $975M for technology maturation and risk reduction activities through design, analysis, rig testing, prototype engine testing, and weapon system integration.
  • The contract is for the execution of the prototype phase of the Next Generation Adaptive Propulsion program and is focused on delivering capability enabling propulsion systems for future air dominance platforms and digitally transforming the propulsion industrial base.
  • Work is expected to be complete by July 11, 2032.
  • This award is the result of a request for proposal.
  • Air Force Life Cycle Management Center, Ohio is the contracting activity.

For further details see:

General Electric, Raytheon, Boeing, Lockheed Martin, and Northrop Grumman are awarded $975M contract for Next Generation Adaptive Propulsion program
Stock Information

Company Name: Raytheon Technologies Corporation
Stock Symbol: RTX
Market: NYSE
Website: rtx.com

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