Company Profile
Pratt and Whitney
Company Overview
Pratt & Whitney, a United Technologies Corp. company (NYSE:UTX), is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units.
We reported an operating pro?t of $1.9 billion in 2013 on revenues of
$14.5 billion. Our company has approximately 31,500 employees who support more than 11,000 customers around the world.
Frederick Rentschler founded Pratt & Whitney in Hartford, Connecticut, in 1925. Our ?rst aircraft engine transformed the aviation industry. It was the 410-horsepower, aircooled Wasp, which delivered unprecedented performance and reliability for the time. We have been leading change ever since.
Today, Pratt & Whitney develops game-changing technologies for the future, such as the PurePower® PW1000G engine, with patented Geared Turbofan engine technology. The company's worldwide large commercial engine maintenance, repair and overhaul network provides innovative services that add value and delight customers around the globe.
Pratt & Whitney's large commercial engines power more than 25 percent of the world's mainline passenger fleet. The company continues to develop new engines and work with its partners in International Aero Engines and the Engine Alliance to meet airline customers' future needs.
Pratt & Whitney has built a long and distinguished record of providing top-of-the-line military engines to 29 armed forces around the world. Our engines power front line fighters, such as the F-15 Eagle, F-16 Fighting Falcon, F-22 Raptor and F-35 Lightning II, as well as the C-17 Globemaster III military transport and Boeing's KC-46 Tanker.
Pratt & Whitney Canada has produced more than 80,000 engines, of which there are currently more than 50,000 engines in service by more than 10,000 operators in 200 countries.
Pratt & Whitney AeroPower designs and manufactures auxiliary power units and turbojet engines for commercial and military aircraft. Products include airborne auxiliary power units and ground power units, and small expendable and recoverable turbojet propulsion systems.
Company History
To see a full company history please visit our website: http://www.pw.utc.com/Where_Weve_Been
Benefits
UTC is committed to offering competitively priced benefit programs that offer substantial value to our employees. Part of that commitment includes monitoring new market developments and enhancing our programs when appropriate. Whether our benefits help you today or 20 years from now, they all support UTC’s benefits philosophy. This philosophy is based on providing our employees with:
•A competitive, quality, overall benefits program that is responsive to your changing needs and provides the coverage and opportunities you need to protect yourself and your family
•Access to personalized, interactive tools and resources so you can get involved with your benefits and make good decisions that fit your needs
•Maximum flexibility and choice in your options, while balancing the company’s need to align the program with the business strategy, as well as manage cost
The individual plans that make up UTC benefits are designed to balance your immediate needs (such as paying for health care) with your longer-term focus (like planning for retirement).