United Technologies Corp.'s (UTX) Pratt & Whitney unit recently announced that it was investing substantially to lower costs for the F-35 engine in the longer term. Of late, the company has been working extensively with the government in this respect.

The measures undertaken by the company include engineering changes, which might require government investment in some cases, extensive efforts to cut supplier costs and improve the production process of engines.

The estimated price for Pratt engine was slated to rise to $8.3 million per engine from $6.7 million, the biggest increase since 2001.

While the company’s efforts could result in prices dropping below the third lot of low-rate production engines, it would not be as low as the price after production of 250 engines.

Pratt & Whitney is trying to improve the quality of certain engine parts but the overall acceptance level is currently around 97%. Certain parts

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Acxiom Corp (ACXM) Advanced Semiconductor Engineering (ASX) Almost Family Inc (AFAM) American Public Education Inc (APEI) Applied Signal Technology Inc (APSG) Brady Corp (BRC) British American Tobacco (BTI) Central Garden & Pet Co (CENT) Churchill Downs Inc (CHDN) CPEX Pharmaceuticals Inc (CPEX) Cracker Barrel Old Country Store Inc (CBRL) Delhaize Group (DEG) Diageo plc (DEO) Encore Capital Group Inc (ECPG) GSC Investment Corp (GNV) Knology Inc (KNOL) Modine Manufacturing Co (MOD) One Liberty Properties Inc (OLP) PepsiAmericas Inc (PAS) Priceline.com Inc (PCLN) Rolls-Royce Group Plc (RYCEY) Telenor ASA (TELNY) Visa Inc (V) View the entire Zacks #1 Rank List.

"ACXM" Free Stock Analysis: Buy? Sell? Hold?...

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Almost Family Inc (AFAM) American Financial Group (AFG) American Public Education Inc (APEI) Anaren Inc (ANEN) APAC Customer Services Inc (APAC) Banco Latinoamericano de Exportaciones (BLX) Blackrock Kelso Capital Corp (BKCC) Cellcom Israel Ltd (CEL) Cracker Barrel Old Country Store Inc (CBRL) DeVry Inc (DV) Dollar Tree Inc (DLTR) The Estee Lauder Companies Inc (EL) Jones Apparel Group Inc (JNY) Keppel Corporation Ltd (KPELY) Marten Transport Ltd (MRTN) Northrim BanCorp Inc (NRIM) Perfect World Co. Ltd (PWRD) Rolls-Royce Group Plc (RYCEY) Ruby Tuesday Inc (RT) Spectra Energy Partners LP (SEP) TravelCenters of America LLC (TA) Wal-mart de Mexico S A B de C V (WMMVY) WestAmerica Bancorp (WABC) View the entire ...

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"ALNC" Free Stock Analysis: Buy? Sell? Hold?"BNPQY" Free Stock Analysis: Buy? Sell? Hold?"CLMS" Free Stock Analysis: Buy? Sell? Hold?"EMN" Free Stock Analysis: Buy? Sell? Hold?"FLML" Free Stock Analysis: Buy? Sell? Hold?...

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