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Wednesday, July 27, 2011

Bloomberg Enters F-35 Fighter-Engine Fray, On The Wrong Side

F-35 Lightning IIOn July 20, a Bloomberg L.P. market intelligence unit waded into the long-running battle over whether the Pentagon should buy two competing engines for its next fighter aircraft with a study claiming up to $3.3 billion could be saved by doing so.

The study was a welcome bit of good news for the General Electric-Rolls Royce team that has been fighting a losing battle to keep its so-called “alternate engine” alive.

Pentagon policymakers have argued since 2007 that the GE-Rolls engine is a waste of money, because United Technologies‘ Pratt & Whitney unit was already under contract to build an engine that would meet all of the single-engine aircraft’s needs.

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