Pratt & Whitney Canada is investing more than $1 billion in research and development (R&D) over the next five years to develop the next generation of aircraft engines, the company says. The investment includes a $300 million repayable contribution from the government of Canada under the Strategic Aerospace and Defense Initiative program. The company is recruiting more than 200 engineers, which the company says will increase its engineering workforce to more than 1,500 in Canada. The ...

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