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Search Results for: UTC

PAE ISR Picks UTC-Built Laser Designator for Resolute Eagle UAS; Beth Beach Quoted

TYSONS CORNER, VA, November 6, 2018 — A joint venture between PAE and AOC has tapped a business unit of United Technologies Corp. (NYSE: UTX) to supply an optical and laser designation payload for the Resolute Eagle drone, ExecutiveBiz reported Oct. 9. PAE ISR said Oct. 8 UTC Aerospace Systems will provide the TASE400 …

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UTC Expects China’s Approval of Rockwell Collins Deal Within Weeks; Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) expects Chinese regulators to approve its planned $30B purchase of Rockwell Collins (NYSE: COL) within weeks, Reuters reported Tuesday. UTC CEO Greg Hayes said Tuesday in a conference call the company does not expect the U.S.-China political issues to have an impact on the deal citing UTC’s …

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DOJ Clears UTC’s $30B Purchase of Rockwell Collins

The Justice Department has given antitrust approval to United Technologies Corp. (NYSE: UTX) to pursue its approximately $30B acquisition of Rockwell Collins (NYSE: COL), Bloomberg reported Tuesday. UTC announced in September 2017 that it agreed to pay approximately $23B in cash and stock and assume $7B in net debt from the Cedar Rapids, …

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UTC Gets $2B Contract Modification for Air Force Repairables

United Technologies Corp. (NYSE: UTX) has received a five-year, $2.46B modification to an existing contract for the delivery of depot level repairables and consumable parts in support of the U.S. Air Force. The Defense Logistics Agency awarded the modification that raises the base contract’s value to $4.93B and brings the …

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UTC’s Pratt & Whitney to Maintain, Sustain F-35 Units Under $266M DoD Contract

United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has landed a $266M contract to sustain F-35 aircraft of the U.S. Navy, U.S. Marine Corps, U.S. Air Force, non-Defense Department users and foreign military sales customers. The Navy-awarded contract provides for non-recurring sustainment support; depot activation supplies, planning and services; maintenance equipment; and engines and …

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UTC Gets $437M Air Force Contract Modification for Engine Risk Reduction Work

United Technologies Corp. (NYSE: UTX) has received a $436.7M contract modification from the U.S. Air Force to execute risk reduction efforts related to air superiority applications of a flight-weight adaptive engine. The modification falls under a previously awarded contract that covers the design, development, fabrication and test of next-generation propulsion technology, the …

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Greg Hayes: UTC Targets Q3 2018 for Rockwell Collins Deal Completion

Greg Hayes, CEO of United Technologies Corp. (NYSE: UTX), has said the company is “on track” with the regulatory clearance process and in the final phase of completion with regard to its pending $30 billion acquisition of Rockwell Collins (NYSE: COL), The Gazette reported Tuesday. “We expect the transaction to close here …

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UTC Lands $140M in Contracts to Support Navy, National Guard Aircraft Propeller Upgrades

United Technologies Corp.‘s (NYSE: UTX) aerospace systems unit has secured contracts worth more than $140 million to help the update propeller systems in the U.S. Navy‘s C/KC-130T aircraft. The UTC Aerospace Systems business has also completed nine of 12 contracted propeller upgrades for the Air National Guard’s C-130H planes, the company said said Monday. NATO’s support …

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Lockheed Lands $117M Award for Dutch Apache Laser Rangefinder Tech

Lockheed Martin (NYSE: LMT) has received a $116.9 million U.S. Army contract modification to provide Modernized Laser Range Finder Designators for integration into the Dutch military’s AH-64 Apache helicopter. The company will perform work at its Orlando, Florida, facility through Aug. 31, 2020, the Defense Department said Thursday. The Army obligated the modification’s full value at the …

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UTC’s Pratt & Whitney Gets $240M Navy Contract for Lot 12 F135 Propulsion Systems

United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a $239.7 million contract from the U.S. Navy to obtain long-lead materials, parts and components for the low-rate initial production of lot 12 F135 propulsion systems. The advanced acquisition contract will fund 46 F135-PW-100 engines for the U.S. Air Force, 20 F135-PW-600 units for the U.S. Marine Corps and …

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