Second-quarter stagnation in both market segments and key programs should change to tailwinds in the back half of the year, lifting commercial and military business across United Technologies Corp.’s (UTC) aerospace units, company executives say. Pratt & Whitney (PW) second-quarter sales declined 1% year over year to $3.5 billion excluding special items, with a 10% increase in commercial aftermarket sales helping offset lower commercial and military original equipment. ...
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