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Stock Market & Financial Investment News

News Breaks
January 9, 2013
13:32 EDTUTXPratt & Whitney names Paul Adams as Chief Operating Officer
Pratt & Whitney announced that Paul Adams has been appointed Chief Operating Officer, effective immediately. Pratt & Whitney is a division of United Technologies.
News For UTX From The Last 14 Days
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June 17, 2013
12:59 EDTUTXUnited Technologies to host analyst and portfolio manager meeting
Analyst and Portfolio Manager Meeting to be held in Paris, France on June 18 at 10:30 am. Webcast Link
10:55 EDTUTXUTC Aerospace Systems signs Boeing 787 service agreement with ST Aerospace
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08:40 EDTUTXSikorsky Aerospace announces distribution agreement with Alp Aviation
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07:43 EDTUTXPratt & Whitney extends part repair agreement with All Nippon Airways
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06:36 EDTUTXMitsubishi Corp to acquire 11 Sikorsky S-76D helicopters for Japan Coast Guard
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06:12 EDTUTXUTC Aerospace to provide wheels, carbon brakes for Virgin Atlantic 787-9 fleet
UTC Aerospace Systems has been selected by Virgin Atlantic Airways to supply the wheels, carbon brakes and MRO services for its fleet of 16 new Boeing (BA) 787-9 aircraft. The company will provide the equipment through its Wheels & Brakes business in Troy, Ohio. The first aircraft is scheduled for delivery in September 2014. UTC Aerospace Systems is a unit of United Technologies (UTX).
05:55 EDTUTXSikorsky Aircraft: Strong prospects in global helicopter market, Reuters reports
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05:51 EDTUTXUTC Aerospace to provide Qatar Airways with nacelle maintenance services
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05:40 EDTUTXGE bets on ceramic jet engine parts, WSJ reports
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June 16, 2013
14:29 EDTUTXRTI in long term agreement with Pratt & Whitney to supply titanium
RTI International Metals (RTI) has entered into a 13-year contract with Pratt & Whitney, a Division of United Technologies Corporation (UTX) to supply rotor-quality titanium mill products for Pratt & Whitney’s PurePower family of Geared Turbofan jet engines. As part of the agreement, Pratt & Whitney has agreed to be the engine launch customer for the new Electron Beam Furnace that recently started production at RTI’s Canton, Ohio facility. “This agreement is particularly significant to RTI for several reasons,” said Dawne S. Hickton, Vice Chair, President and CEO of RTI. “First and foremost, the award to supply Pratt & Whitney with rotor-quality titanium marks the reemergence of RTI as a competitive supplier in the rotor-quality, jet engine market for titanium – a market currently estimated to be approximately 30M pounds annually. In addition, the agreement validates our decision to invest in EB furnace technology and strategically positions RTI for further successes in this important growing aerospace market,” concluded Ms. Hickton.
June 13, 2013
17:10 EDTUTXUnited Technologies unit awarded $244.86M government contract modification
Sikorsky Aircraft, a division of United Technologies, was awarded a $244.86M modification, to a previously awarded, firm-fixed-price, multi-year contract, for the procurement of UH-60M Black Hawk helicopters.
June 10, 2013
17:24 EDTUTXUnited Technologies awarded $648.77M government contract modification
United Technologies Corp., Pratt and Whitney, Military Engines is being awarded a $648.77M modification to a previously awarded cost-plus-incentive-fee contract to extend the F135 System Development and Demonstration contract period of performance.
June 6, 2013
12:38 EDTUTXSikorsky receives $435M contract from U.S. Navy
Sikorsky Aircraft Corp. has received a $435M U.S. Navy contract to build four production-representative CH-53K heavy lift helicopters for the U.S. Marine Corps. Designated as System Demonstration Test Articles, the four aircraft will enable the Marines to conduct operational evaluation of the new helicopter system in support of Initial Operational Capability in 2019. The Navy has included the SDTA helicopters as an additional line item under the existing $3.5 billion System Development and Demonstration contract initially awarded to Sikorsky in April 2006. The contract schedule requires that Sikorsky deliver the first SDTA aircraft in 39 months, and the fourth by the end of March 2017, when the Marines will begin operational evaluation.
08:31 EDTUTXUBS to host a conference
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08:06 EDTUTXBofA/Merrill's aerospace/defense analyst holds analyst/industry conference call
Aerospace & Defense Analyst Epstein, along with Richard Aboulafia, Vice President of Analysis at Teal Group, preview the upcoming Paris Air Show (6/17-6/23) on an Analyst/Industry conference call. Relevant covered companies BA, BEAV, COL, CR, DGI, ERJ, ESL, GD, GRMN, HEI, HII, HXL, LLL, LMT, NOC, PCP, ROLL, RTN, SPR, TDG, TGI, TXT, UTX, VSAT and WAIR may be included on the Analyst/Industry conference call to be held on June 11 at 10 am.
June 4, 2013
08:01 EDTUTXUTC Aerospace Systems awarded the Boeing C17 services contract
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