Business Services Industry
Pratt & Whitney Receives Big Blow from Losing Boeing Contract.
Knight Ridder/Tribune Business News, April, 2004
By Kenneth R. Gosselin, The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Apr. 7--Scores of small aerospace parts suppliers in Connecticut may end up feeling Pratt & Whitney's pain from Boeing's decision to lock the East Hartford-based jet engine maker out of the mammoth Boeing 7E7 Dreamliner project.
The hundreds of small machine shops that receive some or all of their work from Pratt won't immediately see an impact from the decision to divide the engine work between Pratt's rivals, GE and Rolls-Royce, because the project is still in the design stage.
But over time, local suppliers could find themselves struggling because of the business they didn't get, they said.
Experts say Pratt's loss is their loss, too....
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