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Tuesday, April 08, 2014

Pratt must push harder to cut F-35 engine cost: Pentagon

F135 Engine TestPratt & Whitney, the engine-making unit of United Technologies Corp, must redouble efforts to lower the cost of the single F135 engine it builds for the Lockheed Martin Corp F-35 fighter jet, a top U.S. military official said on Monday.

Rear Admiral Randy Mahr, deputy director of the Pentagon's $392 billion F-35 program, said Pratt had slowed its cost-cutting after Congress in 2011 canceled an alternate engine being developed by General Electric Co.

"We have reinvigorated the 'war on cost' that Pratt started and then kind of slowed down on when they got the monopoly," Mahr told industry executives and military officials at an annual conference hosted by the Navy League.

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