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Tag Archives: united technologies corp

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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Collins Aerospace to Help Air Force Develop ISR Sensor Tech Under $93M Contract

Collins Aerospace, a business unit of United Technologies Corp. (NYSE: UTX), has received a potential $92.8M contract to support the U.S. Air Force in the development of a next-generation intelligence, surveillance and reconnaissance sensor technology. The contractor will help the Air Force Research Laboratory examine and integrate electro-optical, infrared, radio …

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Pratt & Whitney Vet Kevin Martin Joins Cadence Aerospace as CIO

Cadence Aerospace, a portfolio company of investment firm Arlington Capital Partners, has named former Pratt & Whitney executive Kevin Martin as chief information officer. The more than 30-year industry veteran most recently served as associate director of military engines business development at the United Technologies Corp. (NYSE: UTX)  subsidiary, Cadence Aerospace said Tuesday. His …

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Pratt & Whitney to Help Test F-35 Block 4 Propulsion System Under $230M Navy Contract

United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has received a five-year, $230.1M contract from the U.S. Navy to support flight testing of a new F-35 aircraft propulsion system. Pratt & Whitney will help test F-35 Block 4 engine technology for Navy, the U.S. Air Force, U.S. Marine Corps and non-Department of Defense …

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Eight Firms to Help Air Force Develop Open Architecture Standards

Eight companies have secured contracts worth $22.5M combined to develop, manage and update a set of Open Architecture standards for the U.S. Air Force. The contractors will work as a single entity to create and offer configuration control for Universal Command and Control Interface and Open Mission systems standards, the …

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Pratt & Whitney to Continue F-35 Propulsion Tech Sustainment Work Under $400M Contract Modification

United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a one-year, $399.8M contract modification from Naval Air Systems Command to provide sustainment services for the F-35 aircraft propulsion technology. Pratt & Whitney’s military engines division will continue to sustain F135 propulsion systems for the U.S. Navy, U.S. Marine Corps, U.S. Air Force,non-Defense …

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UTC-Rockwell Collins Deal Gets Final Regulatory Clearance

Chinese regulators have given United Technologies Corp. (NYSE: UTX) the green light to pursue its planned $30B acquisition of Rockwell Collins (NYSE: COL). UTC said Friday the approval marks the final regulatory clearance the company needed to complete its purchase of the Cedar Rapids, Iowa-based avionics contractor. Farmington, Conn.-based conglomerate UTC agreed …

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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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