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Stock Market & Financial Investment News

News Breaks
February 12, 2014
07:34 EDTUTXPratt & Whitney awarded FMP agreement from Malaysia Airlines worth $550M
Pratt & Whitney, a United Technologies company, announced that it has signed an exclusive, 10-year Fleet Management Program agreement with Malaysia Airlines to maintain the airline's fleet of 43 PW4170 installed engines and spare engines. The agreement, which includes an option to extend the contract for up to five additional years, is valued at approximately $550M.
News For UTX From The Last 14 Days
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November 17, 2014
17:19 EDTUTXSikorsky Aircraft awarded $535.34M government contract modification
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17:17 EDTUTXSikorsky Aircraft awarded $771.96M government contract modification
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November 12, 2014
05:52 EDTUTXUTC Aerospace Systems signs LOI with AVIC Xi'an Aircraft
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November 11, 2014
09:31 EDTUTXShejiang Loong Airlines selects Pratt & Whitney AeroPower foor Airbus A320
Pratt & Whitney AeroPower has signed a long-term auxiliary power unit maintenance support agreement with Zhejiang Loong Airlines for its new fleet of 30 Airbus A320 family aircraft, including nine A320neos. The agreement also covers repair and spares support services. First aircraft deliveries are scheduled to begin in 2015. Pratt & Whitney is a United Technologies company.
08:04 EDTUTXUTC Aerospace Systems selected by China Airlines
UTC Aerospace Systems has been selected by China Airlines to supply the wheels and carbon brakes for its fleet of 14 Airbus A350-900 aircraft. The company will provide the equipment through its Landing Systems facility in Troy, Ohio. China Airlines will take delivery of their first A350-900 aircraft in 2016. UTC Aerospace Systems is a unit of United Technologies.
November 7, 2014
14:37 EDTUTXU.S. could send significant number of additional troops to Iraq, Reuters says
The U.S. has developed plans to significantly increase the number of American troops in Iraq, according to Reuters, which cited unnamed U.S. officials. America, which currently has about 1,400 soldiers in the country, is looking to reinforce Iraqi troops fighting Islamic State, the news service stated. Publicly traded defense companies include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX).Reference Link
November 6, 2014
08:26 EDTUTXUnited Technologies to support Boeing CST-100 vehicle
United Technologies (UTX) unit UTC Aerospace Systems is supporting the development of Boeing's (BA) CST-100 Commercial Crew Transportation System, which won a $4.2B Commercial Crew Transportation Capability Contract from NASA on September 16. UTC Aerospace Systems is responsible for the design, development, qualification and production of components for the Environmental Control and Life Support Subsystem on the CST-100.

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