17-Nov-2020Source: Collins Aerospace
At a ceremony Sunday, leaders from Collins Aerospace Systems’ helicopter rescue hoist business presented the Texas Department of Public Safety (DPS) with the company’s Rescue of the Year Award. Each year, Collins Aerospace honors one of its Goodrich hoist customers for a particularly daring helicopter rescue executed using the company’s hoist. This year, Texas DPS... Read more
17-Apr-2019Source: Pratt & Whitney
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
25-Feb-2016Source: Honeywell
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
22-May-2015Source: PBN
For United Technologies Corp., merging its Sikorsky helicopter unit with Textron Inc. could be a good alternative to a traditional spinoff. See Full Story... 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
19-May-2015Source: Sikorsky
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
26-Jan-2015Source: Fool
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... Read more
15-Mar-2012Source: Goodrich
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
5-Oct-2011Source: United Technologies
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
26-Oct-2010Source: Honeywell
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
14-Mar-2010Source: Hartford Courant
“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.... Read more
