Pratt & Whitney’s $10B Jet Engine Losing Out To GE Competitor

EAST HARTFORD, Conn. (CBS Connecticut) – East Hartford based Pratt & Whitney’s marquee jet engine lags far behind General Electric in the competition for orders.

Bloomberg reports G.E.’s competing engine has won ten times as many orders as Pratt’s geared turbofan.

This year, Pratt signed only one order for the jet engine that competes head to head with G.E.’s.

According to Bloomberg, Pratt’s parent company United Technologies spent $10 billion dollars to develop the geared turbofan, which has been plagued by delivery delays and technical glitches.

This site uses cookies, tokens, and other third party scripts to recognize visitors of our sites and services, remember your settings and privacy choices, and — depending on your settings and privacy choices — enable us and some key partners to collect information about you so that we can improve our services and deliver relevant ads.

By continuing to use our site or clicking Agree, you agree that CBS and our key partners may collect data and use cookies for personalized ads and other purposes, as described more fully in our privacy policy. You can change your settings at any time by clicking Manage Settings.