15-Jan-2018Source: Rockwell Collins
Rockwell Collins, Inc. (NYSE: COL) (“Rockwell Collins”) announced that today its shareowners overwhelmingly approved the proposed acquisition of Rockwell Collins by United Technologies Corp. (NYSE:UTX) (“UTC”). More than 96 percent of all votes cast, representing more than 72 percent of all shares of common stock outstanding on the record date for the special meeting, were... Read more
17-Jun-2015Source: Garmin
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today introduced D2 Bravo, a next-generation aviator watch that combines practical functionality and sophisticated design to bring pilots and aviation enthusiasts a premium GPS watch. D2 Bravo incorporates Garmin’s signature direct-to and nearest airport navigation features, complete with a worldwide aviation navigation database. New and... Read more
20-May-2015Source: Sikorsky
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
14-May-2015Source: Sikorsky
Sikorsky Aircraft Corp. today announced its 2015 Supplier of the Year awards and 14 Gold Suppliers recognized for best-in-class performance. The companies all were initially recognized at Sikorsky’s annual Supplier Summit held recently in West Palm Beach, Florida. Sikorsky is a subsidiary of United Technologies Corp. (NYSE: UTX). The 2015 Supplier of Year award winners... Read more
7-Apr-2015Source: UTC
United Technologies Corp. (NYSE: UTX) today announced the appointment of Robert Leduc as President of Sikorsky Aircraft, succeeding Mick Maurer, who will move to the newly created position of UTC Senior Vice President, Strategic Projects. The appointments are effective immediately, and both Leduc and Maurer will report to UTC President and Chief Executive Officer Gregory... Read more
13-Mar-2015Source: UTC
United Technologies Corp. (NYSE: UTX) today announced that its Board of Directors has authorized a review of strategic alternatives for the corporation’s Sikorsky Aircraft business, including a potential tax-free spinoff. “As part of the portfolio review announced last December, we are exploring strategic options for Sikorsky to determine the best way to enhance its long-term... Read more
9-Dec-2014Source: Pratt & Whitney
Pratt & Whitney Canada (P&WC) announced today in both its Longueuil (Quebec) and Mississauga (Ontario) facilities that it will invest over $1 billion in research and development (R&D) over the next 4.5 years to develop the next generation of high-performance aircraft engines. The investment includes a $300 million repayable contribution from the Government of Canada... Read more
5-Nov-2014Source: Sikorsky
Sikorsky Aircraft, a subsidiary of United Technologies Corp. (NYSE: UTX), received the Exemplary Partner Award from the Professional Advisory Board of the Tagliatela College of Engineering (TCoE) at the University of New Haven on Saturday. The award recognizes the extraordinary support Sikorsky has provided to Tagliatela’s Engineering program during a five-year partnership. “This is a... Read more
18-Aug-2014Source: UTC
The Harris County Sheriff’s Office (HCSO) in Texas has integrated the UTC Aerospace Systems Cloud Cap Technology TASE400HD airborne imaging system into their OH-58 helicopter. HCSO is the largest sheriff’s office in Texas and the third largest in the United States. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE: UTX). This installation... Read more
7-Oct-2013Source: UTC
United Technologies Corp. (NYSE: UTX) has canceled plans to furlough employees at its aerospace businesses following the recall of Defense Contract Management Agency (DCMA) inspectors responsible for auditing and approving operations throughout the manufacturing process for military products. United Technologies greatly appreciates the efforts of those in the Administration and Congress who facilitated the recall... Read more
3-Oct-2013Source: UTC
If the U.S. Government shutdown continues, United Technologies Corp. (NYSE: UTX) aerospace businesses will be forced to furlough thousands of workers due to the absence of Defense Contract Management Agency (DCMA) inspectors who audit and approve operations throughout the manufacturing process for military products. Without the required DCMA inspectors, who were deemed non-essential federal employees,... Read more
5-Feb-2012Source: Westfair Online
A senior United Technologies Corp. executive scoffed at any rumors UTC might put Sikorsky on the block, but said UTC could auction off “non-core†units as it scrapes together cash to pay for its pending acquisition of Goodrich (see full story)... Read more
