Pratt & Whitney, a division of
United Technologies Corp
), recently completed the first phase of Middletown
assembly-floor transformation project for manufacturing new Pure
Power PW1100G-JM and F135 engines, thereby increasing its overall
The PurePower PW1100G-JM engines, used by the Airbus A320neo
aircrafts, reduces fuel consumption, environmental
emissions, engine noise and operating costs compared to jet
engines. Designed for the U.S. Army, the F135 engine powers the
F-35 Lightning II - a multi-utility 5th generation fighter plane.
The exceptional performance of Pratt & Whitney's engines in
some of the harshest conditions has helped aircrafts around the
world to save countless lives in military, humanitarian and
disaster relief missions around the world.
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This new addition to the engine facility in Middletown will meet
the customer commitments by delivering game-changing engine
technology and will also play an essential role in the production
ramp-up of Pure Power engines.
In the last reported quarter, large commercial engine spares
orders were up 46% at Pratt & Whitney including the impact
from the incremental International Aero Engines.
Pratt & Whitney is among the world's leading suppliers of
aircraft engines for the commercial, military, business jet and
general aviation markets. Pratt & Whitney's global services
provide maintenance, repair and overhaul services, including the
sale of spare parts, as well as fleet management services for
large commercial engines.
United Technologies provides high-end technology products and
services to the building systems and aerospace industries
worldwide. The business diversification allows the company to
remain profitable amid tough economic times. However, the company
needs to be wary of its competitors, which includes formidable
names such as
Federal Signal Corp
United Technologies currently has a Zacks Rank #3 (Hold). One of
Tyco International Ltd
) carries a Zacks Rank #2 (Buy).