|
Honeywell and Pratt & Whitney Awarded Engine Demonstrator Contract
The AATE demonstrator program is designed to validate the technologies
needed to achieve the Army's aggressive performance goals of 65 percent
improvement in shaft horsepower (SHP)/weight ratio and a 25 percent
improvement in specific fuel consumption (SFC) for the next generation "ATEC brings together the advanced technologies and engineering expertise
of two industry leaders in gas turbine technology and development," said Honeywell and Pratt & Whitney announced the formation of ATEC and the intent to submit a joint proposal to the U.S. Army's Aviation Applied Technology Directorate to develop an advanced turboshaft engine for the Advanced Affordable Turbine Engine technology demonstrator program at the Paris Air Show last year. About Pratt & Whitney Pratt & Whitney is a world leader in the design, manufacture and service
of aircraft engines, space propulsion systems and industrial gas turbines.
United Technologies, based in Pratt & Whitney military engines include the F100 family that powers the F-15 and F-16, the F119 for the F-22 Raptor, the F135 for the F-35 Lightning II, the F117 for the C-17 Globemaster III, the T400 for the UH-1N, the PT6 family that powers the T-6A Texan II, C-12, C-23, T-44 and RC-7, and the PW207 for the A160 Hummingbird. In addition, Pratt & Whitney offers a global network of MRO and MAS focused on maintaining engine readiness for our customers. About Honeywell Honeywell International is a Honeywell's military engines include the AGT1500 powering the Abrams Family of Main Battle Tanks, the HTS900 powering the ARH 70-A, the T55-GA-714A powering the Boeing CH-47, the T53 powering the UH-1H and Cobra helicopters, and the LHTEC T800 powering the Augusta Westland Super Lynx and Future Lynx helicopters. Honeywell operates a global network of MRO service centers offering a broad range of repair capabilities. This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement priorities and practices or in the number of aircraft to be built; challenges in the design, development, production and support of technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the companies' Securities and Exchange Commission filings. Steve Lowry Cathy Gedvilas Pratt & Whitney Military Engines Honeywell 860-557-0122 602-365-5930 steven.lowry@pw.utc.com cathy.gedvilas@honeywell.com SOURCE Pratt & Whitney
Ford Motor Co
(F): Sporty New Look for 2009 Ford Focus Coupe to Debut on Wednesday 'American Idol' Episode
Iomai Corp
(IOMI): Iomai to Host Conference Call and Webcast Tomorrow, Tuesday, May 13, at 8:30 a.m. EDT
Microsoft Corp
(MSFT): WorldWide Telescope Brings Space Exploration to Earth
Pilgrim's Pride Corp
(PPC): Pilgrim's Pride Corporation Agrees to Underwritten Offering of Common Stock |
Lawmakers want to end oil shipments to US reserve
- Amid daily bipartisan sniping over high gas prices, Democrats and Republicans appear to agree on at least one thing: With oil over $120 a barrel, President Bush ought to stop buying crude for the government emergency reserve.
Airbus announces new delays to A380
- Airbus on Tuesday announced new delays on deliveries of the superjumbo A380, already almost two years late, saying the company is behind schedule switching to automated production.
Oil below $124 a barrel as eyes turn to China
- Oil prices dropped below $124 a barrel on profit-taking Tuesday after hitting another trading record in the previous session.
Toll Brothers preliminary 2Q sales fall 30 percent
- Luxury home builder Toll Brothers says preliminary results show homebuilding revenue fell 30 percent in its fiscal second quarter amid a weak spring selling season.
Australia's St. George Bank agrees to Westpac bid
- St. George Bank on Tuesday agreed to an 18.6 billion Australian dollar ($17.5 billion) takeover offer from Westpac Banking Corp. that would create Australia's biggest bank and be one of the country's largest corporate deals.
Chinese bourses suspend quake zone firms
- Chinese shares fell Tuesday and the country's two stock exchanges suspended trading in 66 companies based in the region hit by a major earthquake in an effort to minimize potential disruptions to financial markets.
Nissan 4Q profit rises; outlook poor
- Nissan reported a big jump in fiscal fourth quarter profit Tuesday compared with the previous year. But like other Japanese automakers pinched by a strong yen and soaring oil and material costs, it forecast a tough year ahead.
Stocks up as oil price drop eases inflation fears
- Wall Street rallied Monday as oil prices fell back and alleviated some of investors' concerns about accelerating inflation. The Dow Jones industrials gained 130 points.
Old gas pumps can't handle ever-rising prices
- Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning mechanical dials. - Tribune Co.'s $650 million sale of Newsday is an important step toward alleviating its debt burden - for this year.
2. HP has eye on IBM as it discusses EDS acquisition
3. Rescuers dig for thousands buried in China quake 4. Blog - Yeas & Nays 5. Mountain View’s Castro Street turns into A La Carte & Art 6. Lawmakers want to end oil shipments to US reserve 7. Microsoft's WorldWide Telescope blasts off 8. Ball gowns made to order 9. Digital Breakdown: Get prepped for the new ‘Indiana Jones’ movie 10. China quake death toll rises to about 10,000
|