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 …

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 …

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 …

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 …

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 …

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 …

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 …

A United Technologies Corp. (NYSE: UTX) business unit has secured a potential 10-year, $2.5 billion contract to provide aviation-related spare parts and services to all U.S. military branches. UTC Aerospace Systems will perform work at various facilities in nine states through April 30, 2028, the Defense Department said Wednesday. The sole-source contract contains a …

Shareholders at Rockwell Collins (NYSE: COL) have cleared a deal for United Technologies Corp. (NYSE: UTX) to acquire the Cedar Rapids, Iowa-based avionics contractor for approximately $30 billion. Holders of at least 72 percent of outstanding shares in Rockwell Collins as of record date voted to approve the transaction during the Thursday …

Rockwell Collins (NYSE: COL) is set to hold a shareholder meeting on Jan. 11 to decide on proposals associated with United Technologies Corp.’s (NYSE: UTX) proposed $30 billion acquisition of the Cedar Rapids, Iowa-based avionics contractor. Rockwell Collins said Monday shareholders of record as of Dec. 8 will be eligible to …