|Pratt Parent Sues Heico Corp.
||United Technologies Corp. has sued Heico Corp. of Hollywood for $100 million, accusing Heico of stealing trade secrets and unfair competition.
In a prepared statement released on Wednesday, Heico said United Technologies made the claim in an amendment to a previously filed patent infringement suit against Heico and its Jet Avion Corp. subsidiary.
The Heico statement said United Technologies did not explain the $100 million figure in the amended filing and that some of the allegations date back to 1967.
The suit was filed by Pratt & Whitney, a division of United Technologies.
Heico and Pratt have split the estimated $40 million market for the combustion chambers.