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UTC Subsidiary Wins $65M For F-35 Propulsion System Maintenance

A United Technologies Corp. (NYSE: UTX) subsidiary has won a $64,999,589 contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year... 

Air Force One To Be Upgraded By Early Next Decade, Pentagon says

The Pentagon launched a new program on August 10 for the development and acquisition of replacement presidential aircraft scheduled to be operational early next decade, reports Tony Capaccio for Bloomberg. Undersecretary of Defense for Acquisition Frank Kendall ordered the Air Force to assemble an office for the replacement project which involves new... 

UTC Closes $18.4B Goodrich Buy, Forms New Aerospace Unit; Louis Chenevert Comments

United Technologies Corp. (NYSE: UTX) has completed its acquisition of Charlotte-based aerospace manufacturer Goodrich Corp., UTC announced Thursday. According to the Washington Business Journal, UTC will divest assets from its aircraft engine manufacturing business as part of an agreement with the government for the $18.4 billion transaction. The Hartford,... 

Sikorsky Selling ‘Most Technologically Advanced’ Black Hawk Helicopter to Sweden

Mick Maurer, Sikorsky Military Systems Sikorsky Aircraft Corp., a United Technologies company (NYSE: UTX), announced the U.S. government has given the OK to sell 15 of the company’s Black Hawk helicopters to the Swedish armed forces. The transaction, which will take place under the U.S. government’s foreign military sales program, would introduce... 

Cobham Wins Multimillion Dollar Contract from Sikorsky

Cobham plc (LSE:COBClose of Business) has been awarded a multimillion dollar contract byBudget Year Sikorsky Aircraft Corp, a subsidiary of United Technologies Corp (NYSE: UTX). The contract is worth a potential $25 million and requires Cobham to manufacture composite components and assemblies for the main rotor blades of the US Marine Corps’ CH-53K... 
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