Pentagon Increases Pratt & Whitney Penalty Over Business SystemsBy
United Technologies' engine unit has 5% of billings withheld
A lack of progress cited for increase from 2% held back
The Pentagon agency that oversees contracts is again withholding 5 percent of billings from United Technologies Corp.’s Pratt & Whitney engine unit, citing a long-running dispute over shortcomings in business systems that track costs and schedules.
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