Investing.com - Financial Markets Worldwide
Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

United Technologies names new head of Pratt & Whitney engine unit

Published 2016-01-14, 06:27 p/m
© Reuters. United Technologies names new head of Pratt & Whitney engine unit
AIR
-
LMT
-
RTX
-
EMBR3
-
BBDb
-

NEW YORK, Jan 14 (Reuters) - United Technologies Corp (N:UTX)
UTX.N on Thursday named Robert Leduc as president of its Pratt
& Whitney aircraft engine division, succeeding Paul Adams, who
is retiring.
The change comes as Pratt is ramping up production of its
geared turbofan aircraft engine for Airbus AIR.PA , Bombardier
Inc BBDb.TO and Embraer SA EMBR3.SA jetliners.
Pratt also supplies F135 engines to the F-35 Joint Strike
Fighter program operated by Lockheed Martin Corp (N:LMT) LMT.N , and is
preparing to increase production.
Adams had been head of Pratt for two years and had spent 17
years at the company. His departure, timed for late February,
will allow overlap with Leduc.
Leduc was named president of UTC's Sikorsky helicopter unit
last April, coming out of retirement to take the job. UTC sold
Sikorsky to Lockheed in November.
A UTC spokesman said the change in leadership was not
related to recent cooling problems with geared turbofan engines
that delayed delivery of the first Airbus A320neo, slated for
December. UTC has said it expects to have a fix in place next
month.
UTC said Adams was key in building Pratt's product line, and
the geared turbofan, F135 and PW800 engines have produced
Pratt's largest engine backlog in decades.
"Under Paul's leadership, Pratt & Whitney positioned itself
for a bright future," UTC Chief Executive Gregory Hayes said.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.