Tag Archives: united technologies corp

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 …

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 …

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, …

United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has won a potential eight-year, $250M contract to develop turbine propulsion, power and thermal systems for the U.S. Air Force. Pratt & Whitney will also demonstrate and transition the platforms under the first phase of USAF’s Advanced Turbine Technology for Affordable Mission-Capability …

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 …

Brendan Curran, formerly president of Crane Co.’s aerospace and electronics group, has been named president of a Boeing (NYSE: BA) business organization that produces avionics and electronics systems. The more than 20-year aerospace industry veteran will lead the AvionX organization and Boeing’s aftermarket strategy across the defense, commercial and services businesses in his new …

Jim Maser, a more than 32-year aerospace industry veteran and former president of technical consulting firm James G. Advisors, has been named senior vice president of Aerojet Rocketdyne‘s (NYSE: AJRD) space business in a move that takes effect Aug. 13. Aerojet Rocketdyne said Wednesday Maser will report directly to President and CEO …

The U.S. Navy has awarded 23 companies positions on a potential five-year, $794.5 million contract to support the development and fabrication of unmanned undersea vehicles. The Defense Department said Monday the Naval Undersea Warfare Center Division received 28 offers for the indefinite-delivery/indefinite-quantity contract that will run through July 2023. Contractors …