November 24, 2014

Ottawa investing $300M in Pratt and Whitney to help jet engine development

MISSISSAUGA, Ont. – Pratt and Whitney Canada announced a plan Monday to spend $1 billion — including $300 million from the federal government — over the next four and a half years to develop new aircraft engines.

Ottawa said its investment in the aerospace company will help support nearly 1,500 jobs over the next five years.

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