Pratt & Whitney has an internal plan to exceed delivery targets for the geared turbofan GTF) engine family this year after falling short of the objective in 2016, says chief executive Greg Hayes of P&W parent United Technologies.
Pratt & Whitney will deliver two upgraded parts for geared turbofan engine operators later this year that should meet durability standards, United Technologies Corp chief executive Greg Hayes told market analysts on 25 January.
Pratt & Whitney will invest $65 million in a maintenance site near Columbus, Georgia where the company maintains and overhauls PW1000G geared turbofans (GTFs), the Connecticut-based manufacturer announces.
Though many of Pratt & Whitney s geared turbofan (GTF) suppliers continue to miss production targets, company executives remain confident the engine maker will meet the targets of a massive planned ramp up in production.
By SA Transcripts:
Cytomedix Inc. (OTCQX:CMXI)
Q2 2014 Earnings Conference Call
August 15, 2014 8:00 a.m. ET
Lee Roth – Ruth Group
Martin Rosendale – Chief Executive Officer
Steven A. Shallcross – Executive Vice...
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