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United Technologies, ITT win Polish F-16 deals

December 22, 2003 (by Lieven Dewitte) - United Technologies Corp. and ITT Industries Inc. won contracts to supply key parts for 48 F-16s being sold to Poland.
United Technologies is awarded a $194 million contract for 55 Pratt & Whitney F100-PW-229 series engines to be used for the Polish Air Defense Forces F-16 Peace Sky Program. This contract includes production engines, spare engines, modules spares, support equipment, training, and associated items including warranties and 3 years of Interim Support/Integrated Logistics Support.

The work will be completed by March 2008.

ITT Avionics, a unit of ITT, is awarded a $133 million contract to produce the AN/ALQ-173 (V) Advanced Integrated Defense Electronics Warfare system for use aboard the F-16s. The work is to be completed in June 2008.

Poland and the United States finalized a $3.5 billion agreement on the F-16s in April, which also includes $6.3 billion in U.S. investments in Poland. An initial agreement had been made on the F-16s in late 2002.

To facilitate the deal, Congress offered cash-strapped Poland, which is struggling to fix its finances before joining the EU, a low-interest loan for the jets, which delays principal repayments until after 2010.