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Pratt & Whitney

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  1. Engineer pleads guilty in U.S. to trying to take jet materials to Iran

    Headlines

    Wed, 25 Feb 2015

    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.

  2. Ultimate Stock-Pickers' Top 10 High-Conviction Purchases

    Headlines

    Wed, 18 Feb 2015

    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

  3. UPDATE 1-Pratt says growth in F-35 production will help cut costs

    Headlines

    Fri, 6 Feb 2015

    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.

  4. Aircraft and Elevator Demand Drive Organic Sales Gains for United Technologies in 2014

    Commentary

    Tue, 27 Jan 2015

    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

  5. Alcoa Further Develops Aerospace Product Suite via TITAL Acquisition

    Commentary

    Mon, 15 Dec 2014

    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

  6. Breakthrough Ideas

    Headlines

    Thu, 4 Dec 2014

    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

  7. United Technologies Reports Strong Organic Revenue Growth and Margin Expansion in Third Quarter

    Commentary

    Wed, 22 Oct 2014

    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

  8. United Technologies Posts Solid Second Quarter; Management Raises the Lower End of Guidance Range

    Commentary

    Tue, 22 Jul 2014

    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

  9. Loss of Emirates Order Highlights Reshaped Portfolio for Rolls-Royce

    Commentary

    Fri, 13 Jun 2014

    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

  10. United Technologies Posts Solid Fourth Quarter

    Commentary

    Wed, 23 Jan 2013

    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

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