Pratt and Whitney Canada will spend more than $360 million on research and development in the next three years to make engines that are cleaner and leaner. The Quebec government is chipping in $125 million in the form of a repayable loan that the province will recover from royalties on sales. John Sabaas, PW&C's executive vice president, said R&D is a cornerstone of the engine maker's success. "Our sustained investments in R&D have allowed us to bring more than 65 new engines to market over the past 15 years, a significant accomplishment,"
Monday, November 17, 2008
Pratt & Whitney boosts research & development
Pratt and Whitney Canada will spend more than $360 million on research and development in the next three years to make engines that are cleaner and leaner. The Quebec government is chipping in $125 million in the form of a repayable loan that the province will recover from royalties on sales. John Sabaas, PW&C's executive vice president, said R&D is a cornerstone of the engine maker's success. "Our sustained investments in R&D have allowed us to bring more than 65 new engines to market over the past 15 years, a significant accomplishment,"
