Slowing the production of F-35 Joint Strike Fighters because of the automatic government budget cuts that took effect last week could cause the price of its engines to rise and possibly offset the gains that have been made at reducing cost in recent years, the maker of the engines said yesterday. Bennett Croswell, the president of Pratt & Whitney’s military engine division, said that company and its suppliers would likely have to take a second look at the proposal for…
F-35 Engine Cost Could Rise If Budget Cuts Limit Production, Exec. Says
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