P&W's First-Quarter Operating Profits Fall 6%

Pratt&Whitney's first-quarter operating profits fell 6%, from $343 million in 2001 to $318 million this year, while revenue declined 2% to $1.84 billion. Contributing to the revenue dip were reduced profits at P&W Canada, costs in the beleaguered PW6000 program (DAILY, March 22), and fewer large...

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