The ruling is the result of a lawsuit filed by the DoJ in 1999 seeking reimbursement for inflated costs by UTX unit Pratt & Whitney under the False Claims Act. Since the judgement includes interest charges, hundreds of millions in dollars could
PARIS, June 18 (Reuters) - Jet engine makers GE Aviation and Pratt & Whitney battled for bragging rights at the Paris Airshow, with Pratt predicting at least 1,000 orders worth $13 billion and GE seeing fewer deals but a higher value of some $18 billion.
Paris Air Show : Pratt & Whitney is having a good week, with LATAM Airlines choosing the company's geared turbofan engines to power 42 Airbus A320 aircraft in
PARIS (Reuters) - Pratt & Whitney said on Tuesday that it expects to log 1,000 orders for its geared turbo fan aircraft engine at the Paris Airshow, adding to a backlog of 3,500 engines.
PARIS, June 16 (Reuters) - Aerojet Rocketdyne, the new company formed after GenCorp Inc's acquisition of Pratt & Whitney Rocketdyne, said on Sunday it has promised the U.S. government savings of $1 billion in savings over the next
a projected 3,600 this year and 3,300 in in 2012. About 13% of production in 2014 will be for new products vs 9% in 2013 and 2% in 2010. GE's engine partners include United Tech ( UTX ) unit Pratt & Whitney . Post your comment!
WASHINGTON, June 10 (Reuters) - Aerospace company GenCorp Inc has been given U.S. antitrust approval to buy rocket engine manufacturer Pratt & Whitney Rocketdyne, the Federal Trade Commission said on Monday.
WASHINGTON, May 28 (Reuters) - Pratt & Whitney , a unit of United Technologies Corp, on Tuesday said it finalized a $1 billion deal with the Pentagon for a fifth batch of engines for the single-engine Lockheed Martin Corp F-35 fighter jet.
WASHINGTON, May 28 (Reuters) - Pratt & Whitney , a unit of United Technologies Corp, on Tuesday said it finalized a $1 billion deal with the Pentagon for a fifth batch of engines for the single-engine Lockheed Martin Corp F-35 fighter jet.
contract with General Electric ( GE ) to deliver the parts for the TF39 engine, as well as a significant contract with Pratt & Whitney . In 1968 the company went public and started working with Boeing ( BA ) as well. In addition to all of their aeronautical