Pratt & Whitney, a subsidiary of United Technologies Corp. (NYSE: UTX), has received a one-year, $521.9M modification to a U.S. Navy contract for logistics sustainment work on the F-35 propulsion system.
Read More »Pratt & Whitney Awarded $762M Navy Contract Modification for Lot 14 F135 Propulsion Systems
The U.S. Navy has awarded United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary a potential $762.5M contract modification to produce and deliver lot 14 F135 propulsion systems.
Read More »Report: Neil Mitchill Named UTC Acting CFO Ahead of Raytheon Merger
Neil Mitchill, vice president and chief financial officer of United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary, has been appointed to serve as UTC CFO on an acting basis, the Wall Street Journal reported Tuesday.
Read More »Pratt & Whitney Gets $2.2B Modification on F-35 Engine Production, Delivery Contract
United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has received a $2.19B contract modification to manufacture F-35 aircraft propulsion systems for the U.S. Navy, Marine Corps and Air Force.
Read More »Tyler Evans Promoted to Aerojet Rocketdyne Defense Business SVP
Tyler Evans, a more than 25-year aerospace and defense industry veteran, has been promoted to senior vice president of the defense business unit at Aerojet Rocketdyne.
Read More »Pratt & Whitney Gets $359M Contract Modification for Initial F-35 Spare Propulsion Systems
Pratt & Whitney, a subsidiary of United Technologies Corp. (NYSE: UTX), has secured a three-year, $358.5M contract modification to provide engines for a global pool of F-35 spare parts.
Read More »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.
Read More »UTC Names Judy Marks, David Gitlin as CEOs of Future Independent Firms Otis, Carrier
United Technologies Corp. (NYSE: UTX) has appointed Judith Marks, president of Otis since 2017 and a three-time Wash100 winner, as CEO of UTC’s elevators manufacturing subsidiary. Marks previously served as CEO of Siemens USA and head of the industrial conglomerate’s Dresser-Rand business. She also held senior leadership positions at Lockheed Martin (NYSE: LMT) and IBM (NYSE: IBM).
Read More »Raytheon, UTC Announce All-Stock Merger; Thomas Kennedy, Greg Hayes Quoted
Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have agreed to merge in an all-stock deal that will establish a platform-agnostic technology provider within aerospace and defense segments. The combined company will operate as Raytheon Technologies and be headquartered in the greater Boston metro area upon the deal’s completion, which is expected in the first half of 2020, the firms said in a joint statement published Sunday.
Read More »Pratt & Whitney Gets $202M Contract Modification for Lot 14 F-35 Propulsion Systems
Pratt & Whitney, a subsidiary of United Technologies Corp. (NYSE: UTX), has secured a three-year, $201.9M contract modification from the U.S. Navy to obtain long lead parts and materials needed to produce lot 14 propulsion systems for the F-35 aircraft. The modification combines orders from the Navy, Air Force, Marine …
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