India, Jan. 21 -- Meggitt Plc (MGGT.L), which specializes in high performance components and sub-systems for the aerospace, defence and energy markets, Monday said it has signed a long term agreement with Pratt & Whitney worth around $750 million.

The contract is to continue the supply of advanced composite components for the F119 and F135 engines which power the F-22 Raptor and F-35 Lightning II aircraft. The 10 year global agreement extends Meggitt's existing relationship with Pratt & Whitney in the supply of advanced engine composites for military and civil engine applications.

Meggitt Chief Executive, Tony Wood, said, "These components will be produced in our new state-of-the-art facility in San Diego, California which opened in Aug...