Pratt & Whitney: Revenues will surge after "transition" years

If Pratt & Whitney can get through what officials call a "transition period" between old-style engines and new technology, the company says it's poised to double revenues from $12 billion in 2010 to $24 billion in 2020. "We are in a little bit of a transition period ... going from legacy engines to new engines," Pratt & Whitney President David Hess said. The projected revenue growth also depends on how successful the F-35 program is.

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Pratt & Whitney Bets Big Profits Loom, If F-35 Stays Healthy - AOL Defense

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