RTX's Pratt & Whitney Canada signs APS5000 maintenance agreement with Lufthansa Airlines and Austrian Airlines

Core Insights - Pratt & Whitney Canada has signed a 14-year maintenance and support agreement with Lufthansa Airlines and Austrian Airlines for 41 APS5000 auxiliary power units (APUs) on their combined Boeing 787 fleet [1][2] - The APS5000 APU is designed to provide power when main engines are shut down and is crucial for dispatch reliability, powering twin electric starters for the main engines [2] - The agreement emphasizes the importance of reliability, commercial efficiency, and innovation in Lufthansa's long-haul operations, showcasing confidence in Pratt & Whitney's expertise and product performance [2] Company Overview - Pratt & Whitney is a leading company in the design, manufacture, and service of aircraft engines and APUs, supporting over 90,000 in-service engines globally [3] - RTX, the parent company of Pratt & Whitney, is the largest aerospace and defense company in the world, with projected sales exceeding $80 billion in 2024 and a workforce of over 185,000 employees [4]