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Pratt & Whitney’s Eddy: Connecticut Ecosystem a ‘National Asset’ » CBIA

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Pratt & Whitney’s Eddy: Connecticut Ecosystem a ‘National Asset’ » CBIA


In its near 100-year history, East Hartford-based Pratt & Whitney has become one of the world’s leading aerospace manufacturers.

“Every second of every day, a Pratt & Whitney powered aircraft of some kind is either taking off or landing somewhere in the world,” company president Shane Eddy said at CBIA’s 2024 Economic Summit + Outlook Jan. 18 in Hartford. 

“We think about technology, we think about how the engine has evolved, and it’s hard not to be impressed.

“But we think about the technology, there’s an equally important part. Those are the factories, it’s the industrial base that is able to produce technology at that scale. 

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“And that is something no other country in the world can do.”

Eddy said that’s the core of Pratt & Whitney’s business in Connecticut.

‘National Asset’

And that has led to an entire ecosystem and industrial complex in the state.

“It’s a national asset, what we have here,” said Shane Eddy. “It would take generations to replicate, if it could even be replicated.

“But it’s also fragile, and so we’ve got to keep the conditions strong.”

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Pratt & Whitney has 11,000 employees in Connecticut, and the company’s impact includes more than one billion dollars in annual supply chain spending in the state.

Eddy credited the state for implementing, and strengthening fiscal guardrails and providing stability for businesses like Pratt & Whitney. 

“All the comments about creating the conditions, not only for Pratt & Whitney to continue investing, but for the ecosystem around Pratt & Whitney and our products, are spot on,” he said. 

Navigating Change

Eddy said that from the pandemic, to the wars in Eastern Europe and Israel, a lot has changed in the world in recent years. 

And, he said a lot has changed for his company as well.

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In April 2020, at the outset of the pandemic, what was then United Technologies spun off Otis Elevators and Carrier and merged with Raytheon, becoming RTX. 

“What we ended up with at RTX is the most advanced aerospace and defense system provider there is in the world”

Pratt & Whitney’s Shane Eddy

“It was an interesting time to completely overhaul the company,” Eddy said. 

Eddy credited RTX CEO Greg Hayes for leading the transition.

Hayes, who is stepping down in May, will be succeeded by Connecticut native and former Pratt & Whitney president Chris Calio. 

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“What we ended up with at RTX is the most advanced aerospace and defense system provider there is in the world,” he said.

Investing in the Future

Eddy said that Pratt & Whitney has invested a billion dollars in its factories in Connecticut, and plans to continue that investment.

On the military side, Eddy noted that they are “sole sourced on key fighter mobility, tanker, and bomber programs.”

He highlighted the success of their 5th Generation fighter engines, which power the F-19 and F-35 aircraft with stealth capability. 

“This stealth capability is going to be even more important for the next generation fighter,” Eddy said. 

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“We’re also investing in 6th Generation technology for the next generation fighter for the future.”

Eddy

“So while we’re delivering this at scale, and while we’re upgrading this program, we’re also investing in 6th Generation technology for the next generation fighter for the future.”

Along with the success of the military business, Eddy said the backbone of Pratt & Whitney’s commercial growth will be the growing commercial aviation industry. 

The company started delivering the geared turbofan engine in 2016.

“I think it’s safe to say they’re the next generation of single aisle,” said Eddy.

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The GTF engines run more efficiently and burn less fuel with lower CO2 emissions, and noise footprint than previous engines. 

Sustainability

“When you talk about sustainability, this is our first major step in a number of years,” Eddy said.

“It’s also the engine that brought Pratt & Whitney really strongly back into commercial aviation.”

Eddy said sustainability is a focus for the company moving forward. 

Pratt & Whitney joined an industry-wide commitment to achieve net zero carbon emissions by 2050.

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“This is really about scaling the production of sustainable aviation fuel.”

Eddy

While they are developing electric and hybrid engines, Eddy said it’s going to be a while before that is produced at scale. 

He said the key to sustainability will be sustainable aviation fuels. 

“The total available infrastructure to produce sustainable aviation fuel today is less than one percent of the needs of the industry,” he said. 

“So this is really about scaling the production of sustainable aviation fuel.”

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Workforce Pipeline

As Pratt & Whitney grows its business in Connecticut, Eddy said the company is investing in its next generation workforce. 

“Ensuring that we’ve got the right skills, the knowledge and ability coming into the workforce, I think is incredibly important,” he said. 

Eddy said that Pratt & Whitney has developed long-term relationships with organizations like the Connecticut Center for Advanced Technology and schools like Goodwin University and UConn to develop that workforce. 

He said they’re also having conversations about starting that development for younger students in grade school and high school. 

“We’ve got to make sure that that pipeline is full for everybody involved.”

Eddy

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Eddy said that it’s a little easier for a company like Pratt & Whitney to fill roles.

But he said their goal is to create an ecosystem that benefits everyone in the Connecticut supply chain. 

“There are a lot of medium, and in particular small businesses that are part of this ecosystem,” he said. 

“And we’ve got to make sure that that pipeline is full for everybody involved.”

Productivity & Growth

Eddy said that as Pratt & Whitney grows, they are also putting an emphasis on productivity, in part due to inflation. 

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“How we’re dealing with inflation, both in terms of our people and wage and then in terms of our productivity, I think is incredibly important as we’re addressing this growth.”

Eddy said that to improve productivity, they work with employees to help eliminate waste from their jobs.

“Our job as managers and leaders is to understand from them where there’s waste in their job,” he said. 

“The people doing the work know it better than anyone else.”

Eddy

“The people doing the work know it better than anyone else.”

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Eddy said about half the work done in their factories has a level of automation to it. 

They are also using things like analytics to help them reduce costs. 

“We’re dipping our toe, I would say, in the water of machine learning and artificial intelligence,” he said. 

“And using that to drive forecasting models, help us make sure we’re getting the right signals out to the supply base.”

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Swim Across America event in Connecticut raises nearly $500K for cancer research

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Swim Across America event in Connecticut raises nearly $500K for cancer research – CBS New York

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In Fairfield County, Connecticut, hundreds of swimmers dove into the Long Island Sound on Saturday to raise money for cancer research.

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Connecticut officials look protect skills-based jobs as artificial intelligence expands

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Connecticut officials look protect skills-based jobs as artificial intelligence expands


HARTFORD, Conn — With many jobs expected to eventually rely on generative artificial intelligence, states are trying to help workers beef up their tech skills before they become outdated and get outfoxed by machines that are becoming increasingly smarter.

Connecticut is working to create what proponents believe will be the country’s first Citizens AI Academy, a free online repository of curated classes that users can take to learn basic skills or obtain a certificate needed for employment.

“This is a rapidly evolving area,” said state Democratic Sen. James Maroney. “So we need to all learn what are the best sources for staying current. How can we update our skills? Who can be trusted sources?”

Determining what skills are necessary in an AI world can be a challenge for state legislators given the fast-moving nature of the technology and differing opinions about what approach is best.

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Gregory LaBlanc, professor of Finance, Strategy and Law at the Haas School of Business at Berkeley Law School in California, says workers should be taught how to use and manage generative AI rather than how the technology works, partly because computers will soon be better able to perform certain tasks previously performed by humans.

“What we need is to lean into things that complement AI as opposed to learning to be really bad imitators of AI,” he said. “We need to figure out what is AI not good at and then teach those things. And those things are generally things like creativity, empathy, high level problem solving.”

He said historically people have not needed to understand technological advancements in order for them to succeed.

“When when electricity came along, we didn’t tell everybody that they needed to become electrical engineers,” LeBlanc said.

This year, at least four states – Connecticut, California, Mississippi and Maryland – proposed legislation that attempted to deal with AI in the classroom somehow. They ranged from Connecticut’s planned AI Academy, which was originally included in a wide-ranging AI regulation bill that failed but the concept is still being developed by state education officials, to proposed working groups that examine how AI can be incorporated safely in public schools. Such a bill died in the Mississippi legislature while the others remain in flux.

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One bill in California would require a state working group to consider incorporating AI literacy skills into math, science, history and social science curriculums.

“AI has the potential to positively impact the way we live, but only if we know how to use it, and use it responsibly,” said the bill’s author, Assemblymember Marc Berman, in a statement. “No matter their future profession, we must ensure that all students understand basic AI principles and applications, that they have the skills to recognize when AI is employed, and are aware of AI’s implications, limitations, and ethical considerations.”

The bill is backed by the California Chamber of Commerce. CalChamber Policy Advocate Ronak Daylami said in a statement that incorporating information into existing school curricula will “dispel the stigma and mystique of the technology, not only helping students become more discerning and intentional users and consumers of AI, but also better positioning future generations of workers to succeed in an AI-driven workforce and hopefully inspiring the next generation of computer scientists.”

While Connecticut’s planned AI Academy is expected to offer certificates to people who complete certain skills programs that might be needed for careers, Maroney said the academy will also include the basics, from digital literacy to how to pose questions to a chatbot.

He said it’s important for people to have the skills to understand, evaluate and effectively interact with AI technologies, whether it’s a chatbot or machines that learn to identify problems and make decisions that mimic human decision-making.

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“Most jobs are going to require some form of literacy,” Maroney said. “I think that if you aren’t learning how to use it, you’ll be at a disadvantage.”

A September 2023 study released by the job-search company Indeed found all U.S. jobs listed on the platform had skills that could be performed or augmented by generative AI. Nearly 20% of the jobs were considered “highly exposed,” which means the technology is considered good or excellent at 80% or more of the skills that were mentioned in the Indeed job listings.

Nearly 46% of the jobs on the platform were “moderately exposed,” which means the GenAI can perform 50% to 80% of the skills.

Maroney said he is concerned how that skills gap – coupled with a lack of access to high-speed internet, computers and smart phones in some underserved communities – will exacerbate the inequity problem.

A report released in February from McKinsey and Company, a global management consulting firm, projected that generative AI could increase household wealth in the U.S. by nearly $500 billion by 2045, but it would also increase the wealth gap between Black and white households by $43 billion annually.

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Advocates have been working for years to narrow the nation’s digital skills gap, often focusing on the basics of computer literacy and improving access to reliable internet and devices, especially for people living in urban and rural areas. The advent of AI brings additional challenges to that task, said Marvin Venay, chief external affairs and advocacy officer for the Massachusetts-based organization Bring Tech Home.

“Education must be included in order for this to really take off publicly … in a manner which is going to give people the ability to eliminate their barriers,” he said of AI. “And it has to be able to explain to the most common individual why it is not only a useful tool, but why this tool will be something that can be trusted.”

Tesha Tramontano-Kelly, executive director of the Connecticut-based group CfAL for Digital Inclusion, said she worries lawmakers are “putting the cart before the horse” when it comes to talking about AI training. Ninety percent of the youths and adults who use her organization’s free digital literacy classes don’t have a computer in the home.

While Connecticut is considered technologically advanced compared to many other states and nearly every household can get internet service, a recent state digital equity study found only about three-quarters subscribe to broadband. A survey conducted as part of the study found 47% of respondents find it somewhat or very difficult to afford internet service.

Of residents who reported household income at or below 150% of the federal poverty level, 32% don’t own a computer and 13% don’t own any internet enabled device.

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Tramontano-Kelly said ensuring the internet is accessible and technology equipment is affordable are important first steps.

“So teaching people about AI is super important. I 100% agree with this,” she said. “But the conversation also needs to be about everything else that goes along with AI.”

ALSO READ | Celebrity chef evicted from NYC apartment, landlord says he hasn’t paid rent in years

N.J. Burkett has the story from Brooklyn.

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Another Prominent Bank Closing Locations In Connecticut: CT News

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Another Prominent Bank Closing Locations In Connecticut: CT News


On the weekend, we present some of the top stories and headlines from all across Connecticut.

Officials confirmed the bank will close two branches in Connecticut later this year, and they have released the precise date.>>>Read More.


A Hallmark movie that will premiere during the Christmas season is being shot locally.>>>Read More.


“He is the kind of guy that would do anything for anyone, a providing and loving family man, and an all-around great guy.”>>>Read More.

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More than 350,000 cardiac arrests occur outside the hospital each year. One local teen has a plan to trim that number down a bit…>>>Read More.


The former local resident, an “American Ninja Warrior” winner, was sentenced for the sexual abuse of a 14-year-old victim, officials said.>>>Read More.


Police provided water safety tips after a 3-year-old was recently found floating face down in a pool before being rescued by an adult.>>>Read More.


Other top stories:


The Patch community platform serves communities all across Connecticut in Fairfield, New Haven, Middlesex, New London, Hartford, Tolland, and Litchfield counties. Thank you for reading.

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