Pratt & Whitney President David Hess was put it a tough position today at the company's annual media briefing here at the company's headquarters, but he pragmatically laid out his views.
When asked about the Cheshire Engine Center and Connecticut Airfoil Repair Operations closings, he stressed that MRO is a worldwide market--one that Pratt & Whitney not only competes against OEMs such as GE and Rolls-Royce, but also strong maintenance and engineering companies such as Lufthansa Technik. Customers keep asking for a better product at lower costs, so Pratt has had to make some tough decisions to help the company's long-term success.
"The court's verdict doesn't change" the market dynamics, said Hess--volumes at its Cheshire facility are down and the company has to figure out what to do with the operation within six months.
Hess stressed Pratt & Whitney is committed to staying in Connecticut and manufacturing engines, with functions such as high-tech, high-volume manufacturing likely strong candidates.