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United States

United Technologies Corp (UTX.N)

UTX.N on New York Stock Exchange

110.42USD
18 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Air canada signs Pratt & Whitney PurePower engine services agreement
Wednesday, 13 Jul 2016 09:00am EDT 

Pratt & Whitney : Air canada signs pratt & whitney purepower® engine services agreement .Air canada signs services agreement with pratt & whitney for 15 years.  Full Article

Wizz Air strikes $2.5 billion engine deal
Wednesday, 13 Jul 2016 08:06am EDT 

Wizz Air Holdings Plc : Wizz Air strikes $2.5 billion engine deal . Agreed with Pratt & Whitney to equip its 110 airbus A321neo aircraft with Pratt & Whitney's purepower geared turbofan engines. . Geared turbofan engine selected for 110 Airbus A321neo aircraft and 90 purchase rights . Deliveries of A321neo will start in 2019 .Has also entered into a long-term engine fleet management programme with Pratt & Whitney.  Full Article

Aercap adds 10 additional Pratt & Whitney powered A320neo aircraft to fleet
Tuesday, 12 Jul 2016 08:11am EDT 

Pratt & Whitney : Aercap adds 10 additional pratt & whitney powered A320NEO aircraft to fleet .Says order, originally announced as options, brings Aercap's PW1100G-JM engine powered fleet to 100 aircraft.  Full Article

United Technologies CEO Hayes says "don't need M&A to grow our business" - CNBC
Monday, 11 Jul 2016 07:30am EDT 

: United Technologies Corp CEO Greg Hayes "we don't need M&A to grow our business" - CNBC . United Technologies Corp CEO Greg Hayes "large M&A is difficult in aerospace" - CNBC Further company coverage: [UTX.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

UTC Aerospace Systems to deliver equipment to U.S. Air force
Monday, 11 Jul 2016 07:00am EDT 

United Technologies Corp :UTC Aerospace Systems to deliver new wheels and brakes to U.S. Air force for 475 F-15 aircraft.  Full Article

Pratt & whitney wins $1.5 bln contract from U.S. Department of Defense
Friday, 8 Jul 2016 07:00am EDT 

Pratt & Whitney : U.S. Department Of Defense awarded co $1.5 billion low rate initial production (lrip) contract for tenth lot of f135 propulsion systems .Pratt & Whitney says combined with previous long lead and sustainment awards for this lot, lrip 10 contract now totals $1.95 billion.  Full Article

United Technologies says Brexit vote will not impact businesses near term
Friday, 24 Jun 2016 03:43pm EDT 

United Technologies Corp : Also reaffirmed 2016 outlook for adjusted EPS of $6.30 to $6.60 on sales of $56 billion to $58 billion .U.K.'s withdrawal from the EU will take time; do not believe it will impact businesses in the near term.  Full Article

United Technologies sets quarterly dividend of $0.66 per share
Wednesday, 8 Jun 2016 02:45pm EDT 

United Technologies Corp :Sets quarterly dividend of $0.66 per share.  Full Article

United Tech says will look for deal in elevator manufacturing space - Conf
Tuesday, 17 May 2016 01:00pm EDT 

United Technologies Corp : United Technologies Corp says cautiously optimistic on China - Electrical Products Group Conf . United Technologies Corp says there remains opportunity for consolidation in the elevator manufacturing space - Electrical Products Group Conf . United Technologies Corp says will "always" look to make acquisitions in the elevator manufacturing space - Electrical Products Group Conf Further company coverage: [UTX.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

United Tech affirms previously announced 2016 financial forecast
Tuesday, 17 May 2016 06:56am EDT 

United Technologies Corp : Sees 2016 adjusted earnings per share (eps) of $6.30 to $6.60 on sales of $56 billion to $58 billion . Sees 2016 free cash flow in range of 90 to 100 percent of net income attributable to common shareowners . Says reaffirms organic sales growth of 1% to 3% in 2016 . Sees between $1 billion to $2 billion placeholder for acquisitions in 2016 . United technologies sees share repurchases of $3 billion in 2016, beyond repurchases that will be completed in 2016 under previously announced program .Fy2016 earnings per share view $6.56, revenue view $57.06 billion -- Thomson Reuters I/B/E/S.  Full Article

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Exclusive: Pratt's F135 engine chief, other employees leave after ethics issue - sources

BERLIN Ten employees of United Technologies Corp's Pratt & Whitney unit, including the head of its F135 engine program, have left the company after an internal audit uncovered an ethics issue linked to a visit by a South Korean delegation, sources familiar with the matter told Reuters.