Pratt & Whitney invests $1 billion in engine research
Monday, December 13, 2010 at 03:30PM 
Pratt & Whitney Canada (P&WC) announced today that it will invest more than $1 billion in research and development over the next five years to develop the next generation of high-performance aircraft engines. The investment includes a $300 million repayable contribution from the Government of Canada under the Strategic Aerospace and Defense Initiative (SADI) program. P&WC is a United Technologies Corp. (NYSE: UTX) company.
"This major investment will enable us to sustain our engineering centres of excellence in Ontario and Quebec and reinforce our position as a leader in the global aerospace industry," said John Saabas, President, P&WC. "We are currently recruiting more than 200 engineers to support our development programs, which will bring our engineering workforce to more than 1,500 in Canada. This investment, and the support of the Government of Canada, allows us to maintain and create high-quality jobs while positioning Pratt & Whitney Canada for long-term growth."
Industry Minister Tony Clement, above, said the $1-billion program “will create and maintain Canadian research jobs, encourage public/private partnerships and keep Canada at the forefront of the international aerospace industry.”
Clement said the project will focus on the creation of lighter aircraft engines with more power, better fuel consumption and improved durability.
P&WC is developing the most advanced propulsion technologies for improved environmental performance, including reduced fuel consumption, lower emissions and less noise. These technologies will be leveraged across P&WC's product lines for new turbofan, turboprop and turboshaft engines for business, regional and helicopter applications.
The research work will be divided between P&W Canada’s existing manufacturing and research facilities in Longueuil and Mississauga, but no details were immediately available of the split. Clement said more than 700 jobs would be created during the project’s “work phase” and more than 2,000 jobs during the “benefits phase.”
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Reader Comments (1)
Thanks for sharing.
Tags: Technology, Environment