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  1. United Technologies ([[UTX]] +1.1%) has been ordered to pay $473M, plus interest, for overcharging the US Air Force for jet engines. The ruling is the result of a lawsuit filed by the DoJ in 1999 ...

    Headlines

    Tue, 18 Jun 2013

    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

  2. AIRSHOW-Aircraft engine makers battle over sales at show

    Headlines

    Tue, 18 Jun 2013

    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.

  3. 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 a deal worth $1.4B (PR). The booking adds ...

    Headlines

    Tue, 18 Jun 2013

    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

  4. Pratt sees 1,000 geared turbo fan orders at show

    Headlines

    Tue, 18 Jun 2013

    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.

  5. AIRSHOW-UPDATE 1-Aerojet Rocketdyne sees 10-year savings of $1 bln

    Headlines

    Sun, 16 Jun 2013

    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

  6. GE's ([[GE]] -0.3%) aviation unit expects to increase the production of commercial aircraft engines, alone and with its partners, to 3,800 in 2014 from a projected 3,600 this year and 3,300 in in ...

    Headlines

    Thu, 13 Jun 2013

    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!

  7. U.S. clears GenCorp, Rocketdyne deal at request of Defense Dept

    Headlines

    Mon, 10 Jun 2013

    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.

  8. UPDATE 1-Pratt & Whitney finalizes $1 bln F-35 jet engine deal

    Headlines

    Tue, 28 May 2013

    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.

  9. Pratt & Whitney finalizes $1 bln deal for more F-35 jet engines

    Headlines

    Tue, 28 May 2013

    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.

  10. Get Flying Returns With Precision Castparts Corp.

    Headlines

    Fri, 17 May 2013

    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

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