Pratt & Whitney Canada (P&WC) has acquired 100% of its joint venture with Russian engine manufacturer Klimov and formed a wholly-owned new subsidiary, P&W-Rus. The deal will be unveiled at the MAKS '97 air show in Moscow, 19-24 August.
Assets and employees of the P&W Klimov joint venture, formed in August 1993, have been transferred to the new subsidiary, which continues to be based in St Petersburg. P&W-Rus will be responsible for designing and developing turboprop, turboshaft and turbofan engines to power civil aircraft built in Russia and neighbouring countries. P&W Klimov was engaged in development of a Russian variant of P&WC's PT6 turboprop, as well as production and support of Klimov-designed engines. P&W-Rus is reportedly developing a "drop-in" power section to improve the reliability and maintainability of TV2/TV3 engines.
Source: Flight International
