Raytheon and United Technologies to create a defence giant
Will count among its portfolio of weaponry the F-35 fighter jet engines, Patriot and Tomahawk missile systems, space suits and intelligence technology.
United Technologies is breaking into 3 independent companies
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.
Rockwell Collins sold to United Technologies for $22.75B
Makes flight deck avionics, cabin electronics and cabin interiors for commercial and miltary aerospace markets.
Honeywell walks away from $90B United Tech bid
United says a tie-up of the industrial conglomerates would never be approved by anti-trust regulators.
Helicopter maker Sikorsky cuts 1,400 jobs
Citing falling oil production, weak military demand.
UTC shakes up Sikorsky leadership
Changes come less than a month after company announces possible spin off of the helicopter manufacturer.
United weighing possible Sikorsky spinoff
Company said spinning off Sikorsky could allow it to focus on high-technology systems and services.
Sikorsky wins $1.24B contract to build next presidential helicopters
United Technologies Corp. subsidiary will supply 21 aircraft by 2023.
United Technologies may furlough 5,000 + due to government shutdown
Pratt & Whitney among the divisions to follow if the disruption continues into next week.
Pratt & Whitney uncovers engine testing ruse at Israeli subsidiary
Employees doctored metallurgical tests to make engine forgings appear to meet strict standards.
Pratt & Whitney uncovers fraudulent testing of engine parts
Employee alleges that test data has been altered over 15 years at Carmel Forge, a subsidiary based in Isreal.
Pratt & Whitney Canada smacked for military software exports to China
Programs could allow China to complete its first attack helicopter.
United Technologies selling three units for $3.46B
Looking for capital to fund Goodrich acquisition.
United Technologies raising funds for Goodrich purchase
Company will offer equity units of shares and debt to fund purchase of aerospace parts manufacturer.
Pratt & Whitney slashes 300 jobs
Jet engine maker says jobs lost to weak economic and business conditions.