FARMINGTON, Conn. The board of United Technologies Corp. (UTC) has approved the spinoff of the company’s Carrier heating and cooling and Otis elevator subsidiaries, keeping its planned merger with Raytheon on track.
EAST HARTFORD, Conn. Pratt & Whitney (a United Technologies company) won a $2.2 billion contract modification to manufacture F-35 aircraft propulsion systems for the U.S. Navy, Marine Corps, and Air Force.
WALTHAM, Mass. and FARMINGTON, Conn. Military defense prime contractor Raytheon and United Technologies have entered into an agreement to combine in an all-stock merger of equals; following the completion of the transaction, the company will be known as Raytheon Technologies.
FARMINGTON, Conn. United Technologies Corp. (UTC) has completed its previously announced acquisition of Rockwell Collins and announced its intention to separate its commercial businesses, Otis and Carrier (formerly CCS), into independent entities.
According to a report in the Wall Street Journal online this week, United Technologies Corp. of Farmington, Connecticut, a designer of engines and other aircraft parts is close to signing a deal to acquire Rockwell Collins of Cedar Rapids, Iowa, a producer of avionics for commercial and military aircraft, for an excess of $20 billion.