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Stakes High for Pratt & Whitney in Bid for Boeing 7E7 Dreamliner Engine.
Knight Ridder/Tribune Business News, March, 2004
By John M. Moran, The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Mar. 27--For Pratt & Whitney President Louis Chenevert and thousands of Pratt employees in Connecticut, these are anxious times.
Next week, Pratt will formally offer a new jet engine to power Boeing's next-generation passenger plane, the 7E7 "Dreamliner." Boeing could decide whether to accept that proposal within a month.
The stakes are enormous for the East Hartford-based jet-engine maker. Pratt's commercial business is a mere shadow of what it was two decades ago. And the 7E7 is the only major new airplane on the horizon that might enable the company to mount a comeback.
In fact, some see the 7E7 competition as a make-or-break battle for...
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