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UTX's Pratt & Whitney Powers Mitsubishi Regional Jet

Pratt & Whitney, a division of United Technologies Corp.UTX , recently announced that it has successfully powered the Mitsubishi Regional Jet (MRJ) in its maiden flight.

Pratt & Whitney's PurePower engine series has been developed through years of research and development covering four important aspects - less fuel consumption, lower emissions, reduced engine noise and of course condensed operating cost. Over the years, Mitsubishi and Pratt & Whitney have worked in unison to innovate and create new technologies that are likely to enhance the overall passenger travel experience. Apart from this, Pratt & Whitney's in-depth knowledge and propulsion technology will help in maximizing the PurePower engine's longevity as well as its performance in the long run. The PurePower Geared Turbofan engine family has about 7,000 orders with more than 70 customers.

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, the parent company of Pratt & Whitney, provides high-end technology products and services to building systems and aerospace industries worldwide. This diversified business conglomerate serves various end markets such as aerospace, defense and commercial construction. The business diversification allows the company to remain profitable during tough economic times.

United Technologies currently has a Zacks Rank #3 (Hold). Stocks that look promising in the industry includes Middleby Corp MIDD , Compass Diversified Holdings CODI and Federal Signal Corp. FSS , each carrying a Zacks Rank #2 (Buy).

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UTD TECHS CORP (UTX): Free Stock Analysis Report

FED SIGNAL CP (FSS): Free Stock Analysis Report

COMPASS DIVERSF (CODI): Free Stock Analysis Report

MIDDLEBY CORP (MIDD): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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