Home / Search Results for: UTC (page 5)

Search Results for: UTC

Reports: UTC Nears Deal to Acquire Rockwell Collins

United Technologies Corp. (NYSE: UTX) is close to finalizing an agreement to buy Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) as the industrial conglomerate aims to expand its aerospace business, Reuters reported Tuesday. A source familiar with the negotiations told Reuters the companies are close to reaching an agreement on …

Read More »

Report: UTC Eyes Rockwell Collins Acquisition

United Technologies Corp. (NYSE: UTX) is exploring an acquisition of Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) as the global industrial conglomerate looks to further expand its aerospace business, Bloomberg reported Saturday. Sources familiar with the matter told Bloomberg it is yet unclear whether the two firms are in discussions over …

Read More »

Northrop Moves Global Hawk Flight Test With UTC-Built Sensor to Late January

TYSONS CORNER, VA, Jan. 9, 2017 — Northrop Grumman (NYSE: NOC) has rescheduled the flight test of its RQ-4 Global Hawk unmanned surveillance aircraft with the United Technologies Corp.-built (NYSE: UTX) MS-177 multispectral imaging sensor to late January, ExecutiveBiz reported Friday. “The late December test flight was on schedule, but other scheduled test flights affected the …

Read More »

UTC Vet Stephen Oswald to Join Ducommun as CEO

Stephen Oswald, former CEO of Capital Safety and a senior executive at United Technologies Corp. (NYSE: UTX), will join electronic and structural systems company Ducommun (NYSE: DCO) as president and CEO on January 23. Ducommun said Thursday Oswald will take over the CEO role from Anthony Reardon, who will vacate his operational responsibilities but …

Read More »

UTC Subsidiary to Provide F-35 Propulsion System Services Under $310M Navy Contract

A United Technologies Corp. (NYSE: UTX) subsidiary has secured a $309.8 million contract from the U.S. Navy to provide propulsion system services in support of the F-35 Joint Strike Fighter program. The Defense Department said Wednesday that Pratt & Whitney will supply hardware, training course materials and equipment for the F-35 aircraft of the Navy, Air Force, Marine Corps, …

Read More »

UTC Vet Paul Lundstrom to Join Aerojet Rocketdyne as CFO, Finance VP; Eileen Drake Comments

Paul Lundstrom, formerly vice president of investor relations at United Technologies Corp. (NYSE: UTX), has been appointed chief financial officer and vice president of finance at Aerojet Rocketdyne (NYSE: AJRD). Lundstrom will succeed the departing CFO Kathy Redd on Nov. 7 and will report directly to President and CEO Eileen Drake …

Read More »

GE, UTC Awarded Air Force Adaptive Engine Design, Testing Support Contracts

A General Electric (NYSE: GE) subsidiary and United Technologies Corp. (NYSE: UTX) have each received a potential five-year, $1 billion contract to provide design, fabrication, testing and integration support services for the U.S. Air Force’s turbofan adaptive engines. The service branch awarded the sole-source contracts with priced options to GE Aviation and UTC …

Read More »

Vince Campisi Joins UTC as CIO, Senior VP for Digital Services

Vince Campisi, previous GE Digital chief operating officer, has been appointed as United Technologies Corp.‘s (NYSE: UTX) chief information officer and senior vice president for digital services effective Monday. He will work to implement UTC’s digital strategies as well as drive the strategic direction of its global information technology operations in his new role, UTC …

Read More »

Former CENTCOM Commander Lloyd Austin Joins UTC Board of Directors; Gregory Hayes Comments

Lloyd Austin, former U.S. Central Command commander, has been elected to join United Technologies Corp.‘s (NYSE: UTX) board of directors. UTC said Wednesday the retired U.S. Army general will join the company on Sept. 1 and become one of 14 board members. Austin served in the Army for over 41 years and held various command …

Read More »