Pratt & Whitney Canada (P&WC) will invest more than $1 billion in research and development over the next 4 1/2 years to develop the next generation of high-performance aircraft engines, the company announced in early December. The investment includes a $300 million repayable contribution from the government of Canada under the Strategic Aerospace and Defense Initiative program. “The government of Canada’s continued commitment to the aerospace industry will allow P&WC ...

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