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Stock Market & Financial Investment News

News Breaks
June 20, 2014
17:23 EDTUTXSikorsky Aircraft awarded $115.7M government contract
Sikorsky Aircraft Corp., Stratford, Connecticut, is being awarded $115,705,556 for firm-fixed-price delivery order 4019 against a previously issued Basic Ordering Agreement (N00019-14-G-0004). This order provides for non-recurring engineering and program support for the production and delivery of nine MH-60R aircraft for the Danish Defense Acquisition and Logistics Organization under the Foreign Military Sales program. Work is expected to be completed in July 2018. FMS funds in the amount of $115,587,382 will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity. Sikorsky Aircraft is a division of United Technologies (UTX).
News For UTX From The Last 14 Days
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March 31, 2015
08:04 EDTUTXUTC Aerospace Systems selected by Qatar Airways to supply wheels, brakes
UTC Aerospace Systems has been selected by Qatar Airways to supply the wheels and carbon brakes for its fleet of 43 Airbus A350-900 aircraft. The company will provide the equipment through its Landing Systems facility in Troy, Ohio. Qatar Airways took delivery of their first A350-900 aircraft in December 2014.
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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