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Pratt & Whitney Awarded 4 Contracts Totaling $912M

Manufacturing.Net - July 18, 2008

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NEW YORK (AP) -- Pratt & Whitney said Friday it received four contracts worth a combined $912 million to provide engines for several airlines and aircraft leasing companies.

Pratt & Whitney, a unit of United Technologies Corp., said it received a $533 million contract to build Aero Engines V2500 engines for a fleet of 50 Airbus A320 aircraft operated by Hungary's Wizz Air.

It said it won a contract worth more than $166 million to build the same engines for 30 Airbus A320s owned by aircraft leasing firm AWAS Aviation Trading Ltd..

Uzbekistan Airways awarded it a deal worth more than $130 million to build PW4000-94 engines for four of its Boeing 767 aircraft, the company said.

Pratt & Whitney also said it won a contract for more than $83 million from CIT Aerospace, a unit of commercial financing firm CIT Group Inc., to build Aero Engines V2500 engines for 15 Airbus A320s.

Pratt & Whitney announced the contracts at the Farnborough Air Show in England.


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