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Pratt & Whitney wins $300M contract

United Technologies Corp. subsidiary Pratt & Whitney has received a five-year, $300 million contract from the South Korean government to assist in the maintenance of the engines powering the country's Lockheed Martin F-16 and Boeing F-15K fighter jets. ...

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Defense contractors wary of sequester

A group of aerospace industry executives, including Pratt & Whitney President David Hess, warned Congress and the Obama administration that a failure to address the sequester – a package of billions of dollars in defense spending cuts scheduled to begin Jan. 1 – could result in “hundreds” of lost jobs. ...

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