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Stock Market & Financial Investment News

News Breaks
April 15, 2014
12:01 EDTUTXUTC Aerospace Systems, AVIC EM open electric system JV facility
UTC Aerospace Systems and AVIC Electromechanical Company Limited announced the opening of their joint venture facility: Xi'an AVIC Hamilton Sundstrand Aviation Electric Co., located within the Xi'an Hi-tech Industries Development Zone. The joint venture was formed to develop and manufacture the electric power system for the new C919 jetliner, built by Commercial Aviation Corporation of China. UTC Aerospace Systems is a unit of United Technologies and AVIC EM is a subsidiary of Aviation Industry Corporation of China. AUAE is a 50-50 joint venture established by UTC Aerospace Systems' Hamilton Sundstrand Holdings, Inc. and AVIC EM's subsidiary Shaanxi Aero Electric Co., Ltd. to develop and manufacture electric power systems for COMAC's C919 as well as supply UTC Aerospace Systems equipment for the international market.
News For UTX From The Last 14 Days
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February 12, 2016
07:17 EDTUTXAirbus A320neo's engine issues should be fixed by April, Reuters says
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February 9, 2016
14:18 EDTUTXBoeing selects UTC Aerospace to provide landing gear for U.S. Air Force
UTC Aerospace Systems has been selected by The Boeing Company (BA) to continue to provide landing gear in support of the United States Air Force fleet of the Boeing C-17 Globemaster III aircraft, as well as continued new production support of the AH-64E Apache helicopter. The C-17 spares program encompasses two years of demand, and support for the AH-64E includes all awarded contracts through 2018. UTC Aerospace Systems is a unit of United Technologies (UTX).
08:47 EDTUTXNORESCO wins $28M energy savings performance contract with Georgia
NORESCO has won a $28M guaranteed energy savings performance contract with the Georgia Department of Corrections for work at five sites across the state. NORESCO is a unit of United Technologies. The project includes reconfiguration of three central boiler plants along with domestic hot water improvements, significant water conservation gains through equipment retrofits and controls and improved reliability and performance through heating, ventilating and air conditioning upgrades.
February 4, 2016
11:06 EDTUTXUnited Technologies reaffirms FY16 adjusted EPS view of $6.30-$6.60
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07:08 EDTUTXCowen to hold a forum
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