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Pratt and Whitney

US

Pratt & Whitney is an American aerospace manufacturer and a subsidiary of RTX Corporation, renowned for designing, manufacturing, and servicing aircraft engines and auxiliary power units. As a key player in both civil and military aviation, they provide engines for a wide range of aircraft. Pratt & Whitney also collaborates with organizations like NASA to develop sustainable aviation technologies. Key products include gas turbine engines, turbine airfoils and related components, and they serve major customers such as Boeing, Lockheed Martin, and various airlines.

commercial
History · 1 eventAug 2, 2005 · Boeing sells Rocketdyne Propulsion and Power business to Pratt & Whitney (United Technologies)
United States
www.prattwhitney.com
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Organization history

Identity changes, mergers, acquisitions, splits, and transferred business lines.

1 event

  1. Aug 2, 2005Divestiture

    Boeing sells Rocketdyne Propulsion and Power business to Pratt & Whitney (United Technologies)

    Source
    Seller
    Boeing
    Buyer
    Pratt and Whitney
    Buyer
    United Technologies Corporation

    Scope: Rocketdyne Propulsion and Power business (liquid rocket engines)

    Renamed Pratt & Whitney Rocketdyne after the sale.

    Event context

    Boeing announced the sale of its Rocketdyne Propulsion and Power business (rocket engines, sites in CA, AL, MS, FL) to United Technologies Corporation's Pratt & Whitney division on Feb 22, 2005 for approximately $700 million cash; the sale closed August 2, 2005 and the unit was renamed Pratt & Whitney Rocketdyne. Confirmed via Boeing newsroom press releases and contemporaneous trade press (Military Aerospace).

Track