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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...
AF Awards $684M Engine Tech Program IDIQ to GE, UTC
Air Force photo
The U.S. Air Force has awarded positions on a a potential $684 million engine technology development contract to General Electric-Aviation (NYSE: GE) and United Technologies (NYSE: UTX).
GE Aviation won $349,747,900 and UTC won $335,048,342 in funding, according to a Defense Department release.
This potential four-year indefinite-delivery/indefinite-quantity...
Former UTC CFO James Geisler Joins DynCorp Board; Steve Gaffney Comments
James Geisler
James Geisler, a former chief financial officer at United Technologies, has joined DynCorp International’s board of directors, DynCorp announced Monday.
Steve Gaffney
Geisler served as UTC’s CFO for four years, where he oversaw the company’s treasury, investor relations and financial planning functions as CFO.
DynCorp Chairman...
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,...
Harris Names Gregory Taylor Business Development Lead; Bill Brown Comments
Gregory Taylor
Harris Corp. (NYSE: HRSHazard Ranking System) has appointed 23-year industry veteran Gregory Taylor vice president of corporate strategy and business development, a newly-created position.
The company said he will report directly to Harris President and CEO Bill Brown and lead business development activities including mergers, acquisitions...
UTC’s Chenevert to Speak at Barclays Conference
A webcast of United Technologies Corp. (NYSE: UTX) Chairman & Chief Executive Officer Louis R. Chênevert speaking at the Barclays Capital Industrial Select Conference is scheduled for 10:40 a.m. ET on Wednesday, Feb. 17, 2010. The presentation will be broadcast live on the Internet at www.utc.com and will be archived on the Web site afterward.
United...
