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Sunday, March 14, 2010
Pratt defends cost-cutting measures on F-35 engine
Pratt & Whitney, a unit of United Technologies Corp, said on Friday its "war on costs" was driving production spending on its F135 engine for the F-35 fighter jet lower and the company had experienced no additional increases in the engine's development program.
A Navy document leaked this week put the total cost of the F135 engine development program at $7.28 billion, $2.5 billion above the $4.8 billion initially projected for the program. That would be $600 million more than the $1.9 billion in cost increases already disclosed on the Pratt engine.
But Pratt spokeswoman Erin Dick said the company had not seen any additional overruns on the program.
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