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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.
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March 23, 2015
08:13 EDTUTXBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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08:12 EDTUTXOtis selected for Hudson Yards development
Otis has entered into a multimillion-dollar agreement with related companies to supply elevator and escalator units for the new Hudson Yards development in Manhattan's West Side. As part of its contract, the world's largest manufacturer and maintainer of people-moving products will provide 73 units for 30 Hudson Yards, a 92-story, 2.6 million-square-foot tower that will be among the first to be constructed at the site. Founded by the inventor of the safety elevator, Otis is a part of UTC Building & Industrial Systems, a unit of United Technologies.
08:01 EDTUTXUTC Aerospace Systems awarded $39M contract from Naval Surface Warfare Center
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