Competition, argue P&W and the Pentagon, won't save money on the JSF engine. Really?
WASHINGTON, Aug 25 (Reuters) - United Technologies Corp's Pratt & Whitney unit, facing criticism for rising costs on the engine that powers the F-35 fighter jet, said on Tuesday it is investing a "considerable amount" to drive the engine's cost lower in the longer term.
WASHINGTON, Sept 1 (Reuters) - General Electric Co and Rolls-Royce Group PLC representatives met top Pentagon officials on Tuesday to offer a fixed-price deal on about 100 low-rate production engines for the F-35 fighter.
Sure. Competition saves no money at all.