The three companies will be United Technologies, which will house its aerospace and defence industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business.
Makes flight deck avionics, cabin electronics and cabin interiors for commercial and miltary aerospace markets.
United says a tie-up of the industrial conglomerates would never be approved by anti-trust regulators.
Citing falling oil production, weak military demand.
Changes come less than a month after company announces possible spin off of the helicopter manufacturer.
Company said spinning off Sikorsky could allow it to focus on high-technology systems and services.
United Technologies Corp. subsidiary will supply 21 aircraft by 2023.
Pratt & Whitney among the divisions to follow if the disruption continues into next week.
Employees doctored metallurgical tests to make engine forgings appear to meet strict standards.
Employee alleges that test data has been altered over 15 years at Carmel Forge, a subsidiary based in Isreal.
Programs could allow China to complete its first attack helicopter.
Looking for capital to fund Goodrich acquisition.
Company will offer equity units of shares and debt to fund purchase of aerospace parts manufacturer.
Jet engine maker says jobs lost to weak economic and business conditions.
Charlotte, N.C-based aerospace firm makes aircraft landing gears, wheels and brakes