PALM BEACH GARDENS, Fla. (AP) -- The president of jet engine maker Pratt & Whitney is predicting a dip in its military program as the company transitions from the legacy military engines the company is known for.
But President David Hess says the lull would be followed by an increase in engine production for joint strike fighter jets and tanker deliveries starting in 2016.
Military engines are the second largest business segment for Pratt & Whitney and a sector where it has already made cuts as U.S. military forces have exited Afghanistan.
Hess announced the company struck a deal to provide up to 50 geared turbofan engines to Hawaiian Airlines.
Parent company United Technologies Corp. has spent $1 billion to develop the geared turbofan engine, which the company says improves fuel efficiency while reducing carbon emissions.
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