Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), has appointed Citic Offshore Helicopter Co., Ltd. (COHC) in Shenzhen, China as a Designated Maintenance Facility to maintain PT6C-67C engines for Leonardo AW139 helicopter customers in China. COHC will offer line maintenance and Mobile Repair Team (MRT) services. “Listening to the needs of our… Read more »
Source: Pratt & Whitney, 17-Apr-19
Honeywell (NYSE: HON) confirms that over the past year it has engaged in discussions with United Technologies Corporation regarding a possible business combination. The value creation from a combination is significant, including the benefits of $3.5 billion in annualized cost synergies. We do not see the regulatory process as a material obstacle to a transaction. In fact,… Read more »
Source: Honeywell, 25-Feb-16
For United Technologies Corp., merging its Sikorsky helicopter unit with Textron Inc. could be a good alternative to a traditional spinoff. See Full Story
Source: PBN, 22-May-15
Sikorsky Innovations today announced it has launched its 6th Entrepreneurial Challenge, adding targeted focus areas and a cash prize to the competition. Now in its third year, the Entrepreneurial Challenge seeks to accelerate innovators and disruptive technology concepts with applications in the vertical flight market. Sikorsky Innovations is the technology development division of Sikorsky Aircraft… Read more »
Source: Sikorsky, 20-May-15
The Austrian Mint in Vienna has issued silver and copper 5 euro coins struck with an image of a Sikorsky BLACK HAWK helicopter in a life-saving role to commemorate this month’s 60th anniversary of the Austrian Armed Forces (Bundesheer). The Bundesheer operates nine BLACK HAWK helicopters to perform homeland security, disaster relief, firefighting and international… Read more »
Source: Sikorsky, 19-May-15
Earlier this month, I laid out three good reasons why industrial conglomerate United Technologies (NYSE: UTX ) might want to sell its Sikorsky helicopter division — and four better reasons not to. On Friday, the list of arguments against selling Sikorsky just got longer — 20 billion reasons longer. See Full Story
Source: Fool, 26-Jan-15
Goodrich Corporation (NYSE: GR) announced that, at the special meeting of shareholders held today, Goodrich shareholders voted to approve the proposed merger with United Technologies Corp. (NYSE: UTX). The final tabulation indicates that more than 98 percent of votes were cast in favor of the transaction, which represents approximately 75 percent of the total outstanding shares of Goodrich… Read more »
Source: Goodrich, 15-Mar-12
United Technologies Corp. have announced a new organizational structure that groups some of the company’s businesses into new aerospace and commercial organizations. Â This new structure will allow United Technologies to better serve customers through greater integration across product lines and to drive growth by taking full advantage of technology investments and the company’s global footprint…. Read more »
Source: United Technologies, 05-Oct-11
The Advanced Turbine Engine Company LLC (ATEC), the new joint venture between Honeywell (NYSE: HON) and United Technologies Corporation’s (NYSE: UTX) Pratt & Whitney, has selected its senior leadership team, including its new president, Craig Madden. ATEC was created to develop a more efficient, more powerful engine for UH-60 Black Hawk and AH-64 Apache helicopters…. Read more »
Source: Honeywell, 26-Oct-10
“Anyplace outside of Connecticut is low-cost,” United Technologies Corp.’s chief financial officer, Gregory Hayes, told Wall Street investment analysts — paraphrasing previous remarks by another UTC executive, Jeff Pino, president of Sikorsky Aircraft.
Source: Hartford Courant, 14-Mar-10
