NeoDevin said:I think you mean "de-prioritize"...
P&WA stands for Pratt & Whitney Aircraft, a company that designs and manufactures aircraft engines. It is a subsidiary of United Technologies Corporation (UTC).
P&WA was renamed to Current Events as part of a rebranding effort by United Technologies Corporation. The company wanted to highlight its diversification into other industries and to reflect its focus on current events and technological advancements.
The name change from P&WA to Current Events was announced in January 2019.
No, the company's products and services will remain the same. The name change is purely for branding purposes and does not affect the company's operations or offerings.
The name change does not have any impact on the company's employees. They will continue to work for the same company, under the same management, and with the same roles and responsibilities.