PW&C to invest US$ 1 billion for engine development

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Pratt & Whitney Canada (P&WC), a division of the larger US-based Pratt & Whitney (P&W), has announced an investment of over $1 billion in research and development (R&D) over the next 4.5 years to develop the next generation of high-performance aircraft engines.
http://www.aviationanalysis.net/2014/12/pw-invest-new-generation-engines.html

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