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Stock Market & Financial Investment News

News Breaks
March 4, 2014
14:03 EDTUTXUnited Technologies: Sikorsky signs agreements with the Turkish government
Sikorsky Aircraft Corp., a subsidiary of United Technologies, has signed agreements with the Turkish government and key Turkish aerospace contractors that license Turkey's aerospace industry to manufacture 109 T-70 helicopters -Turkish variants of Sikorsky's S-70i International BLACK HAWK helicopter- for operation by the Turkish Government, and to assemble 109 S-70i helicopters for Sikorsky. The agreements license the transfer of certain manufacturing technology to Turkish industry, and provide for the potential to produce up to a total of 600 aircraft, including both T-70 units for Turkish indigenous use and S-70i aircraft for export over the next 30 years. The agreements are subject to requisite export approvals.
News For UTX From The Last 14 Days
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July 1, 2015
15:36 EDTUTXEngine makers compete for Chinese contracts after Airbus order, Reuters says
Following China's large Airbus (EADSY) order on Tuesday, certain aircraft engine manufacturers are competing to secure contracts with Chinese airlines, reports Reuters, citing industry sources. Reuters notes that the Airbus A330s ordered by China are available with a choice of engines from General Electric (GE), United Technologies (UTX), and Rolls-royce (RYCEY). Reference Link
June 30, 2015
17:30 EDTUTXPratt and Whitney awarded $269.36M government contract modification
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June 26, 2015
07:26 EDTUTXSRA International exploring sale or IPO, Reuters reports
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June 24, 2015
08:03 EDTUTXUnited Technologies unit selected by IndiGo to supply Airbus wheels and brakes
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