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Stock Market & Financial Investment News

News Breaks
February 11, 2014
07:42 EDTUTXTurkish Airlines to acquire V2500 engines for 25 new A321 aircraft
Turkish Airlines has entered into an agreement under which IAE International Aero Engines AG's V2500 engines will power 25 new A321 aircraft. This brings the total number of V2500-powered A320 aircraft in their fleet to 110. The deal is valued at $560M. Aircraft deliveries will commence in 2015 and continue through 2017. IAE is a multinational aero engine consortium whose shareholders are comprised of Pratt & Whitney, Pratt & Whitney Aero Engines International, Japanese Aero Engines Corporation and MTU Aero Engines.
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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