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Business/Financial

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

By Cal Biesecker

Thursday, April 2nd, 2015

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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…

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