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Tag: United Technologies

UTC 3Q Earnings Beat Forecasts,  Revenue Below Estimates as Company Unveils $12B Stock Repurchase PlanFinancial Report

UTC 3Q Earnings Beat Forecasts, Revenue Below Estimates as Company Unveils $12B Stock Repurchase Plan

United Technologies Corp. (NYSE: UTX) has reported third quarter earnings of $1.61 per share, six cents higher than the Wall
October 19 Market Close: GovCon Index Trades in Narrow Range as 3Q Earnings Season ArrivesFinancial Report

October 19 Market Close: GovCon Index Trades in Narrow Range as 3Q Earnings Season Arrives

The GovCon Index mirrored a narrow day of trading activity in U.S. markets Monday as it closed at a nominal gain of
Lockheed to Explore IT Business Separation,  Inks $9B Deal for Helicopter Maker SikorskyM&A Activity

Lockheed to Explore IT Business Separation, Inks $9B Deal for Helicopter Maker Sikorsky

Lockheed Martin (NYSE: LMT) will examine a potential separation of its government information technology and technical services business components and has agreed to purchase helicopter
Gregory Hayes: UTC to Decide on Sikorsky Spinoff or Sale Move in ‘Coming Weeks’M&A Activity

Gregory Hayes: UTC to Decide on Sikorsky Spinoff or Sale Move in ‘Coming Weeks’

United Technologies Corp. (NYSE: UTX) will leave the helicopter manufacturing business through a separation of its Sikorsky Aircraft business in a move UTC
Gregory Hayes Appointed UTC President,  CEOExecutive Moves

Gregory Hayes Appointed UTC President, CEO

Gregory Hayes, formerly senior vice president and chief financial officer at United Technologies Corp. (NYSE: UTX), has been appointed president and CEO of the aerospace technology
India Plans $2.5B Purchase of Boeing Chinook,  Apache HelicoptersContract Awards

India Plans $2.5B Purchase of Boeing Chinook, Apache Helicopters

India has approved a deal to purchase Boeing-built (NYSE: BA) Chinook and Apache helicopters for approximately $2.5 billion, Reuters reported Saturday. Nigam
Sikorsky-Boeing Team to Develop Helicopter for US Army Demo Program; Mick Maurer CommentsContract Awards

Sikorsky-Boeing Team to Develop Helicopter for US Army Demo Program; Mick Maurer Comments

Sikorsky Aircraft Corp. and Boeing (NYSE: BA) will jointly develop a helicopter for the first phase of the U.S. Army’s
Boeing-Sikorsky Team to Develop ‘Digital Backbone’ for Army Tech Demo Program; Samir Mehta CommentsContract Awards

Boeing-Sikorsky Team to Develop ‘Digital Backbone’ for Army Tech Demo Program; Samir Mehta Comments

Boeing (NYSE: BA) and a subsidiary of United Technologies (NYSE: UTX) have signed a technology investment agreement with the U.S. Army‘s Aviation Applied Technology Directorate to
Lockheed Expecting New USAF Contract for F-35 Jets; Orlando Carvalho CommentsContract Awards

Lockheed Expecting New USAF Contract for F-35 Jets; Orlando Carvalho Comments

Lockheed Martin (NYSE: LMT) is set to secure a deal to provide the U.S. government with 43 additional F-35 fighter
Vivek Saxena to Lead ICF Aerospace Supply Chain Work in VP Role; Sergio Ostria CommentsExecutive Moves

Vivek Saxena to Lead ICF Aerospace Supply Chain Work in VP Role; Sergio Ostria Comments

Vivek Saxena, a former general manager at Pratt & Whitney, has joined ICF International (NASDAQ: ICFI) as a vice president