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United States

United Technologies Corp (UTX.N)

UTX.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

UTC Aerospace Systems gets Boeing installation approval for F-15 wheels, brakes
Tuesday, 20 Jun 2017 07:00am EDT 

June 20 (Reuters) - UTC Aerospace Systems::UTC Aerospace Systems says receives Boeing installation approval for F-15 wheels and brakes, as U.S. Air Force fleet retrofit continues.UTC Aerospace Systems -scheduled to complete delivery of new boltless wheels and carbon brakes in September to USAF.UTC Aerospace Systems - delivery will be in support of a $22 million USAF contract awarded to UTC Aerospace Systems in November 2014.UTC Aerospace Systems -delivery will also be in support of a $30 million follow-on option awarded in August 2016.  Full Article

UTC Aerospace says propeller upgrades for U.S. Air National Guard aircraft began this month
Tuesday, 20 Jun 2017 06:00am EDT 

June 20 (Reuters) - United Technologies Corp ::UTC Aerospace Systems- propeller upgrades for U.S. Air National Guard LC-130 aircraft commenced this month with fitting of NP2000 propeller system.UTC Aerospace Systems - retrofit contract includes twelve of U.S Air National Guard's fleet of LC/C-130H aircraft.  Full Article

Pratt & Whitney Canada signs maintenance contracts
Tuesday, 20 Jun 2017 04:00am EDT 

June 20 (Reuters) - Pratt & Whitney Canada: :Pratt & Whitney Canada signs maintenance contracts covering more than 300 auxiliary power units.  Full Article

Pratt & whitney canada signs definitive agreement to supply its pw150 engine family powerplant
Monday, 19 Jun 2017 12:12pm EDT 

June 19 (Reuters) - Pratt & whitney canada :Pratt & whitney canada - signed definitive agreement to supply its pw150 engine family powerplant; pw150c, to power avic aircraft ma700 aircraft.  Full Article

Pratt & Whitney Canada, Ilyushin sign MOU
Monday, 19 Jun 2017 07:50am EDT 

June 19 (Reuters) - United Technologies Corp :Pratt & whitney canada and ilyushin sign a memorandum to complete a feasibility study in support of il-114-100 regional aircraft program restart.Pratt & whitney canada - signed mou with ilyushin joint stock company of russia to explore restart of il-114-100 regional turboprop program with pw127h engines.Pratt & whitney canada - under mou, co will support initial program restart by providing 2 pw127h engines for il-114-100 regional turboprop aircraft.  Full Article

UTC board of directors increases dividend
Wednesday, 14 Jun 2017 05:24pm EDT 

June 14 (Reuters) - United Technologies Corp : :UTC board of directors increases dividend.Sets quarterly dividend of $0.70per share.United Technologies Corp - quarterly dividend of $0.70per share represents a 6.1 percent increase over prior quarter's dividend amount.  Full Article

‍UTC Aerospace says Alaska Airlines completed installation of co's advanced aircraft data management solution on 3 737NG aircraft​
Monday, 12 Jun 2017 08:00am EDT 

June 12 (Reuters) - ‍UTC Aerospace Systems::‍UTC Aerospace Systems - Alaska Airlines completed installation of co's advanced aircraft data management solution on three of its 737NG aircraft​.  Full Article

United Technologies prices offering of $1,000 mln aggregate principal amount of 1.900 pct notes due 2020
Monday, 1 May 2017 05:46pm EDT 

May 1 (Reuters) - United Technologies Corp ::United Technologies prices offering of senior notes.United Technologies Corp says has priced an offering of $1,000 million aggregate principal amount of 1.900% notes due 2020.United Technologies Corp says has also priced $600 million aggregate principal amount of 4.050% notes due 2047.United Technologies Corp -priced $800 million aggregate principal amount of 2.800% notes due 2024, $1.1 billion aggregate principal amount of 3.125% notes due 2027.United Technologies Corp - priced an offering o $500 million aggregate principal amount of 2.300% notes due 2022.  Full Article

UTC Q1 adjusted earnings per share $1.48
Wednesday, 26 Apr 2017 06:30am EDT 

April 26 (Reuters) - United Technologies Corp ::United Technologies Corp - reaffirms 2017 expectations for adjusted EPS of $6.30 to $6.60 on sales of $57.5 billion to $59 billion.UTC reports first quarter 2017 results.Q1 adjusted earnings per share $1.48.Q1 GAAP earnings per share $1.73.Q1 sales $13.8 billion versus I/B/E/S view $13.48 billion.Q1 earnings per share view $1.39 -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $6.55, revenue view $58.75 billion -- Thomson Reuters I/B/E/S.United Technologies Corp - in quarter, Otis new equipment orders increased 4 percent versus prior year at constant currency.United Technologies Corp - "remain fully confident in our 2017 expectations and our 2020 targets".Qtrly equipment orders at UTC climate, controls & security increased by 7 percent.Qtrly commercial aftermarket sales were up 7 percent at Pratt & Whitney and were up 12 percent at UTC aerospace systems.United Technologies Corp - Q1 GAAP EPS included 25 cents of favorable non-recurring significant items net of restructuring.  Full Article

United Technologies announces secondary offering of its position in Watsco common stock
Thursday, 23 Feb 2017 04:27pm EST 

United Technologies Corp : United Technologies announces secondary offering of its position in Watsco common stock . Commencement of an underwritten secondary offering of 4.2 million shares of common stock of Watsco. .Watsco is not offering any shares of common stock and will not receive any proceeds from sale of shares offered.  Full Article

Northrop Grumman wins $409 million U.S. defense contract

(This version of the July 11 story bears an official correction to show United Technologies did not win second contract, which has not been awarded)