GE, United Technologies could be helped by Pentagon plan for engines, WSJ says

theflyonthewall.com

Responding to concerns that defense cuts could hurt the U.S. military-industrial base, the Pentagon proposed support that could aid GE (GE) and United Technologies (UTX), reports the Wall Street Journal. The Pentagon budget proposal included $1B in new funding to continue development already begun by the two companies on a new jet engine.

View Comments (0)