Pratt and Whitney doesn't want to compete

http://articles.courant.com/2010-04-01/business/hc-jointstrikefighter.artapr01_1_pratt-billions-pratt-whitney-pratt-s-east-hartford

Pratt and Whitney doesn't want to compete. Not with GE. Not with Rolls Royce. Not with anyone. Sure Corporate America is always talking about competition in the free market.

Let the open market decide..... is what they proclaim. I guess that doesn't apply when there are 70 Billion tax dollars at stake. Suddenly Pratt doesn't want to compete. They just want to be handed a monopoly. Put all the money in the briefcase. Hand it over the table and go away. Not..... may the best engine win. If there were two manufactures that could drive down the prices and God forbid that happens. No.. no.. no.. that would be bad.

Yes corporate America talks about free markets (and it sounds nice) but the reality is something completely different. Especially when it is tax payer money. That is the best kind of money after all. So easy to get. Just go to Washington. Invest a couple of million dollars on your favorite elected officials (better yet invest it on all the elected officials) and start counting the billions.

God forbid UTC has to pay anything back though. Then it is endless complaints and whining about the cost of doing business. For the tax payers to hand over the billions that is not a problem but if 9% has to be paid back in taxes there will be h*ll to pay.
http://www.tradingmarkets.com/news/stock-alert/utx_utc-frustration-draws-sympathy-from-some-officials-but-they-also-point-to-company-s-prosperity-in-c-851396.html