News Aerospace Manufacturing General Operations Production

February 23, 2016  

United Technologies says Honeywell merger not feasible

Company calls off talks after because it believes the regulatory obstacles were too high to make a deal happen.

News Aerospace Construction Manufacturing Business Operations General Operations Production

September 14, 2015  

United to run Otis, building systems subsidiary as stand alone companies

Reorganization comes after sales at Otis fell 7.5% in the first six months of the year.

News Aerospace Government Manufacturing General Operations Production

July 27, 2015  

Justice Department probes Sikorsky on Navy contract overbilling accusation

Government accuses subsidiaries of adding profit and overhead costs to the price of spare parts.

News Aerospace Manufacturing General Operations Production

April 10, 2015  

Bombardier replaces commercial aircraft head with outside exec

Fred Cromer was most recently president of International Lease Finance Corp., a buyer of commercial aircraft.

News Aerospace Manufacturing Transportation Business Operations General Operations Production

February 12, 2015  

Beaudoin out as Bombardier chief

Will be replaced by former United Technology CEO, Alain Bellemare, effective Feb. 13.

News Aerospace Manufacturing Business Operations Operations Technology

October 7, 2013  

Lockheed Martin to furlough 3,000 workers due to government shutdown

Defence contractor says that number will likely increase as shutdown continues.