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Matthew Nelson

Christopher Calio to Become Pratt & Whitney President in 2020; Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) has promoted 14-year company veteran Christopher Calio as president of UTC's Pratt & Whitney subsidiary in a move that will take effect in early 2020. He will succeed Robert Leduc, who is due to retire from the company next year after a four-decade career, UTC said Tuesday.

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ArmorWorks Lands $206M Air Force Payload Transporter Delivery Contract

ArmorWorks Enterprises has secured a potential five-year, $206.1M contract to supply the U.S. Air Force with payload transporters. Hill AF Base's Intercontinental Ballistic Missile Contracting Division procured the transport vehicles on a sole-source basis and obligated $31.3M in fiscal 2018 procurement funds, the Department of Defense said Wednesday.

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VT Systems Subsidiary Lands $95M Army OTA to Develop Unified Training Simulation Platform

VT Systems subsidiary has received a potential $95M other transaction agreement to provide a simulation technology for use in U.S. Army collective training programs. The company said Monday it will develop components of the Training Management Tool and the Training Simulation Software designed to integrate with the military branch's synthetic training environment.

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