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Tag: UTC

PwC: Aerospace, Defense Sector Recorded $58.3B in Q2 2019 M&A Deal ValueFinancial Reports

PwC: Aerospace, Defense Sector Recorded $58.3B in Q2 2019 M&A Deal Value

A new PwC report says the value of mergers and acquisitions in the global aerospace and defense industry was $58.3B in the second…
UTC Vet Jay Malave Joins L3Harris as SVP, CFOExecutive Moves

UTC Vet Jay Malave Joins L3Harris as SVP, CFO

Jesus “Jay” Malave, a more than 20-year United Technologies Corp. (NYSE: UTC) veteran, has joined L3Harris Technologies (NYSE: LHX) as senior…
Pratt & Whitney Gets $359M Contract Modification for Initial F-35 Spare Propulsion SystemsContract Awards

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…
Christopher Calio to Become Pratt & Whitney President in 2020; Greg Hayes QuotedExecutive Moves

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…
Raytheon-UTC Deal Comes as DoD Eyes New Priorities; Pierre Chao Offers Insight on M&A TrendM&A Activity

Raytheon-UTC Deal Comes as DoD Eyes New Priorities; Pierre Chao Offers Insight on M&A Trend

The planned merger between Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) comes as the aerospace-and-defense sector anticipates slower growth in the Department…
Greg Hayes: UTC, Raytheon Want ‘Platform Agnostic’ Tech Portfolio for Future Combined FirmM&A Activity

Greg Hayes: UTC, Raytheon Want ‘Platform Agnostic’ Tech Portfolio for Future Combined Firm

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTC), has said that both UTC and Raytheon (NYSE: RTN)…
Collins Aerospace Lands $92M IDIQ to Supply Ejection Seat Sequencers for US, Foreign Military AircraftContract Awards

Collins Aerospace Lands $92M IDIQ to Supply Ejection Seat Sequencers for US, Foreign Military Aircraft

United Technologies Corp.'s (NYSE: UTX) Collins Aerospace business has been awarded a seven-year, $92M contract to provide aircraft ejection seat sequencers to…
Pratt & Whitney Receives $3.2B Modification on F-35 Propulsion System Production, Delivery ContractContract Awards

Pratt & Whitney Receives $3.2B Modification on F-35 Propulsion System Production, Delivery Contract

United Technologies Corp.'s Pratt and Whitney has secured a $3.24B contract modification to produce 233 propulsion systems for the F-35 program. Pratt…
Pratt & Whitney Gets $202M Contract Modification for Lot 14 F-35 Propulsion SystemsContract Awards

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

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