:

Business/Financial

Pratt & Whitney Inks $18 Billion In Long-Term Supplier Agreements

By Cal Biesecker

Thursday, April 2nd, 2015

SHARE:

Pratt & Whitney Inks $18 Billion In Long-Term Supplier Agreements

EAST HARTFORD, Conn.—Engine manufacturer Pratt & Whitney said on Thursday that it has signed more than $18 billion worth of long-term agreements with its various product suppliers for its commercial and military aircraft engines as it prepares for a major ramp up in production over the next few years.This year Pratt & Whitney, a division of the multi-industrial United Technologies Corp. [UTX], expects the PW1100G series of its Geared Turbofan (GTF) family of engines to enter service on a new…

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]