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Pratt Military Business Dips As DoD’s F-22, C-17 Programs Near End

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NEW YORK--Pratt & Whitney [UTX] is facing some challenges with its military-engine business as Pentagon programs including the F-22 fighter jet and C-17 cargo hauler wind down, a top executive said yesterday. David Hess, president of the Connecticut-based company that devotes one-quarter of its work to military engines, touted progress on high-profile programs including the F-35 Joint Strike Fighter at the Jeffries 2011 Global Industrial and Aerospace & Defense Conference. Still, he acknowledged Pratt & Whitney’s military-engine deliveries are “down…

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