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Stock Market & Financial Investment News

News Breaks
January 31, 2013
05:37 EDTUTXPratt & Whitney broke ground on first manufacturing facility in Singapore
Pratt & Whitney Singapore Manufacturing broke ground on a new facility at the Seletar Aerospace Park. This new production facility will manufacture fan blades and high pressure turbine disks for Pratt & Whitney's PurePower Geared Turbofan engines. This new 180,000 square foot facility will border Pratt & Whitney's existing flagship facility at Seletar , Pratt & Whitney Singapore Component Repair, further expanding the company's 30-year presence in the country. Pratt & Whitney, a division of United Technologies, has invested nearly $110M in the development of these two new facilities. With the construction of this new facility, Pratt & Whitney's work force in Singapore is expected to increase to more than 2,500 people over the next five years, making it home to the company's most comprehensive aftermarket presence in one location.
News For UTX From The Last 14 Days
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May 20, 2015
06:06 EDTUTXUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 19, 2015
07:18 EDTUTXElectric Products Group to hold a conference
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May 15, 2015
18:40 EDTUTXPratt & Whitney awarded $105M government contract modification
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May 12, 2015
09:19 EDTUTXBombardier teams up with Pratt & Whitney
Bombardier announced that it has teamed up with Pratt & Whitney to develop and implement a data management service for the CSeries aircraft - part of the overall Bombardier Aircraft Health Management System, or AHMS, capable of transmitting real-time and recorded data from the aircraft. The AHMS will facilitate remote troubleshooting and deliver efficient and accurate diagnostics for use by maintenance and flight crews. Under this agreement, Pratt & Whitney's eFAST system will be the infrastructure unit used to perform data transmissions from the CSeries aircraft's on-board Health Management Unit to the ground. Along with Bombardier, they will make up the data acquisition structure which will automatically download, process and store data that will be available for upload to respective customer portals. Pratt & Whitney's is a subsidiary of United Technologies .
09:07 EDTUTXPratt & Whitney signs data management service agreement with Bombardier
Bombardier (BDRBF) announced that it has teamed up with Pratt & Whitney, a United Technologies (UTX) company, to develop and implement a data management service for the CSeries aircraft - part of the overall Bombardier Aircraft Health Management System, or AHMS, capable of transmitting real-time and recorded data from the aircraft. The AHMS will facilitate remote troubleshooting and deliver efficient and accurate diagnostics for use by maintenance and flight crews. Under this agreement, Pratt & Whitney's eFAST system will be the infrastructure unit used to perform data transmissions from the CSeries aircraft's on-board Health Management Unit, or HMU, to the ground. Along with Bombardier, they will make up the data acquisition structure which will automatically download, process and store data that will be available for upload to respective customer portals.
06:51 EDTUTXFinmeccanica not interested in bidding for Sikorsky, Reuters reports
Finmeccanica said yesterday that it is not interested in bidding for United Technologies' Sikorsky unit, Reuters reports. United Technologies is considering its options for Sikorsky, including whether to spin the unit off. Reference Link

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