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East Hartford, Conn., aerospace consortium wins $170 million jet engine order.
Knight Ridder/Tribune Business News, September, 2004
The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Sep. 2--International Aero Engines, an East Hartford-based consortium that includes Pratt & Whitney, has secured a $170 million order of its jet engines.
New York-based CIT Aerospace, a unit of CIT Group Inc. and a leading aircraft leasing organization, announced Wednesday it is buying V2500 engines to equip 12 Airbus A320 family aircraft currently on order.
The agreement is the second V2500 order made by CIT in the past year. Last September, the company bought 14 V2500 powerplants from IAE. Half of those engines undergo final assembly at Pratt's Middletown plant.
C. Jeffrey Knittel, President of CIT Aerospace, said: "Our success in placing V2500-powered...
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