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By Nick Carey FARNBOROUGH, England (Reuters) - The global air industry is in the midst of a post-pandemic rebound, but supply chain problems have left...

By Nick Carey FARNBOROUGH, England (Reuters) - The global air industry is in the midst of a post-pandemic rebound, but supply chain problems have left...

East Hartford jet-engine maker Pratt & Whitney is getting a new leader. Current President Christopher Calio has been promoted to chief operating officer of Pratt’s parent company, Raytheon Technologies Corp. Shane Eddy is set to succeed Calio as Pratt & Whitney's new president, company officials said. The two men will begin their new roles March 1, Raytheon said.  Calio has been Pratt & Whitney’s president since 2020, and Eddy currently serves as Pratt’s senior vice president and chief operations officer.

/PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) today announced the appointment of Christopher T. Calio as chief operating officer and named...

East Hartford jet engine maker Pratt & Whitney announced Monday that it has reached an agreement to sell its 300-acre former airfield to a Massachusetts-based development and investment firm, which plans to use the site for unspecified commercial development. In a statement, the manufacturer, a subsidiary of Raytheon Technologies, said the land, known as Rentschler Field, will come under the control of National Development, which has its headquarters in Newton Lower Falls, just west of Boston. A purchase price was not disclosed.