United Technologies
Raytheon to merge United Technologies to form a $120 bn giant
10 Jun 2019
United Technologies provides primarily commercial plane makers with electronics, communications and other equipment, whereas Raytheon mainly supplies the US government with military aircraft and missile equipment
IndiGo forced to ground another A320neo as P&W engine problems persist
19 Mar 2018
This is the third incident of an A320neo powered with P&W engines running into a technical glitch since the grounding of 8 IndiGo's aircraft a week ago, which sent the airline's flight schedules haywire and wreaked havoc with flyers' travel plans
Honeywell abandons $90.7-bn offer to buy rival United Technologies
03 Mar 2016
UTC owns Otis elevators, Carrier air conditioners and Pratt & Whitney jet engines, while Honeywell makes thermostats, auto turbochargers and airplane cockpit electronics
Lockheed Martin acquiring Sikorsky Aircraft from UTC for $9 bn
21 Jul 2015
Sikorsky is a natural fit for Lockheed Martin and complements its broad portfolio of aerospace and defence products and technologies
Lockheed Martin, Textron emerge as finalists to buy Sikorsky
09 Jul 2015
Connecticut-based aerospace and industrial giant United Tecnologies may decide against an outright sale and instead spin off Sikorsky to shareholders in a tax-free deal
2Q net income at United Technologies Corp rises
24 Jul 2013
US clears F-35 fighters after grounding over turbine crack
01 Mar 2013
The Pentagon on Thursday lifted its order grounding the new F-35 jet fighter since 22 February, allowing them to get back on service operations.
UTC to sell Pratt & Whitney’s power systems unit to Mitsubishi Heavy Industries
13 Dec 2012
The sale is part of United Technologies' plan to divest non-core assets and focus on aerospace and building solutions, following its $18.4 billion acquisition of Goodrich Corp earlier this year
United Technologies-Goodrich $16.5 bn deal receives conditional EU approval
26 Jul 2012
The approval is on condition that UTC grants Rolls-Royce an option to acquire Goodrich's lean burn fuel nozzle research and development project
UTC to divest Hamilton units to Carlyle Group, BC Partners for $3.46 bn
26 Jul 2012
The sale is part of United Technologies' plan to divest some units to fund its September 2011 acquisition of rival Goodrich Corp for $16.5-billion
Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
