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Engine Companies Ready Challenge To General Electric On Army Helo Engines

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An advanced turbine engine joint venture is preparing its challenge to General Electric [GE] in a competition to re-engine the Army's AH-64 Apache and UH-60 Black Hawk helicopter fleets. The Army awarded the Advanced Turbine Engine Company, LLC (ATEC), a Honeywell [HON] and Pratt & Whitney [UTX] joint venture, a $108 million contract for the Advanced Affordable Turbine Engine (AATE) technology demonstrator program in May 2008. The Army's current engine provider, General Electric, was also awarded a contract. "The incumbent…

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