China’s ambitions to fast-track the development of its aerospace industry continued to be a key driver of merger and acquisitions (M&A) activity during the second quarter, according to financial advising group PricewaterhouseCoopers (PwC).
New research from Price Waterhouse Coopers stresses the need for a different kind of mindset to deal with the “intensity” of pressure on aerospace and defense companies to deliver across the board. The new report titled, A New Intensity: Programs Under Pressure, underscores the need for companies to excel in more than one discipline, as opposed to past approaches toward choosing one of three areas: solutions leadership, operational excellence or customer intimacy.
Despite last year’s cancellation of the Cessna Columbus program, which would have been the launch customer for Pratt & Whitney Canada’s PurePower PW800 series of engines, progress continues on the 10,000-pound-thrust class turbofan, and the engine maker (Booth No. 328) is actively discussing applications with airframers for the new powerplant.
Pratt & Whitney Canada (PWC) has boosted its customer support network in both Germany and Switzerland by appointing two more recognized maintenance facilities. Both Aero-Dienst in Nuremberg, Germany, and Altenrhein Aviation in St. Gallen, Switzerland, are now approved to maintain PT6A, JT15D and PW300 engines.