Feb 25 (Reuters) - A former engineer for Pratt & Whitney and other defense contractors pleaded guilty on Wednesday to trying to export sensitive information about U.S. military jets to his native Iran, where he hoped to find a job, the U.S. Department of Justice said.
last October. UTX is an industrial conglomerate with leading positions in aerospace systems, aerospace engines ( Pratt & Whitney ), helicopters (Sikorsky), elevators (Otis), climate control (Carrier) and fire/security systems. Each
WASHINGTON, Feb 5 (Reuters) - The Pentagon's plans to fund 50 percent more F-35 fighter jets in fiscal 2016 will help drive down the price of the new plane and its engine, a top official at engine maker Pratt & Whitney , a unit of United Technologies Corp, said on Thursday.
demand for the segment’s helicopters, securing a 6% organic revenue growth rate for the full year. In contrast, Pratt & Whitney and the Climate, Controls, and Security segment each experienced low-single-digit organic sales growth. Adjusted
world's largest aluminum-lithium facility in Indiana, and signed long-term supply agreements with Boeing and Pratt & Whitney that exceed $2 billion. TITAL's sales in 2013 totaled EUR 71 million ($96 million), and more than half of
only use two engine manufacturers: General Electric and Pratt and Whitney , a division of United Technologies . Developing the new ..... billion. “Producing a more efficient engine has allowed Pratt and Whitney to get back into this segment of the market, and now it is a
the climate and controls, aerospace systems, and Pratt & Whitney segments. Only the Sikorsky segment suffered ill effects ..... reiterate our $115 per share fair value estimate. Despite Pratt & Whitney ’s rather decent quarterly results, the segment’s
orders have returned to low-single-digit growth, with North American orders up a strong 44% over the prior year. Pratt & Whitney engine spare orders were down 6%, which is not surprising given the pace of aircraft deliveries. While this will
portfolio decisions by the company, in our opinion. In 2012, Rolls-Royce sold its stake in the IAE joint venture to Pratt & Whitney , owned by United Technologies, leaving a void in its narrow-body engine product offering. Rolls-Royce's aerospace
aerospace systems and Sikorsky was offset by declines at Pratt & Whitney . Management cited softness in the commercial aerospace ..... higher engineering and development expenses within Pratt & Whitney as well as acquisition-related costs stemming from