Key Developments: United Technologies Corp (UTX)

UTX on New York Consolidated

20 Aug 2014
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Latest Key Developments (Source: Significant Developments)

United Technologies Corp's UTC Aerospace Systems selected by Airbus for a long term maintenance agreement
Sunday, 13 Jul 2014 08:00am EDT 

United Technologies Corp:Says its Aerospace Systems has been selected by Airbus as a primary maintenance service provider for Airbus' Flight Hour Services and component repair support.Says the long term agreement covers UTC Aerospace Systems components on all Airbus platforms.UTC Aerospace Systems is a unit of United Technologies Corp.Says under the agreement, Airbus will send FHS covered components requiring repair to UTC Aerospace Systems' global network of maintenance, repair and overhaul facilities.The scope of products covered under the agreement includes air management systems, electric systems, sensors, evacuation slides, seating, cargo, lighting systems, actuation systems, propellers, landing gear systems, fire systems and engine components.  Full Article

US Air Force selects United Technologies Corp's UTC Aerospace Systems to upgrade the SYERS-2 imaging sensor fleet
Sunday, 13 Jul 2014 08:00am EDT 

United Technologies Corp:Says UTC Aerospace Systems was awarded a contract by the United States Air Force to upgrade the entire fleet of SYERS-2 imaging sensors to the latest SYERS-2C variant.Says UTC Aerospace Systems is a unit of United Technologies Corp.The upgrade to the SYERS-2C configuration features the latest in multi-spectral technology and increases the spectral resolution and image interpretability beyond that of the baseline system - which already provides the longest range on the National Imagery Interpretability Rating Scale.Says further extending the NIIRS range of the Department of Defense (DoD) Airborne intelligence surveillance reconnaissance (ISR) inventory.  Full Article

United Technologies Corp to provide Wheels and Carbon Brakes for the Boeing 737 MAX
Sunday, 13 Jul 2014 08:00am EDT 

United Technologies Corp:Says that UTC Aerospace Systems been selected by The Boeing Company to supply wheels and carbon brakes for all models of the Boeing 737 MAX.Says the company will provide the equipment through its Landing Systems facility in Troy, Ohio.UTC Aerospace Systems is a unit of United Technologies Corp.UTC Aerospace Systems will provide the main wheel, nose wheel and carbon brakes for the 737 MAX.The carbon brakes use proprietary DURACARB carbon heat sink material proven in service on more than 3,100 aircraft world-wide to provide a 35 percent brake life advantage over competitive products, providing cost savings for operators.  Full Article

United Technologies Corp's Sikorsky awarded U.S. air force contract to develop new combat rescue helicopter
Thursday, 26 Jun 2014 05:18pm EDT 

United Technologies Corp:Says its subsidiarySikorsky Aircraft has been awarded a U.S. Air Force contract to develop new combat search and rescue helicopters.Sikorsky will develop a derivative of the UH-60M BLACK HAWK model for the Air Force's rescue mission.  Full Article

United Technologies Corp reaffirms FY 2014 EPS guidance
Wednesday, 18 Jun 2014 06:00pm EDT 

United Technologies Corp:Continues to expect FY 2014 earnings per share (EPS) in the range of $6.65 to $6.85, as previously communicated.FY 2014 EPS of $6.85 - Thomson Reuters I/B/E/S.  Full Article

United Technologies Corp licenses Achieving Competitive Excellence to Porsche Consulting for Use with UTC Suppliers
Monday, 16 Jun 2014 09:00am EDT 

United Technologies Corp:Executes license agreement with Porsche Consulting for use of the UTC-created Achieving Competitive Excellence (ACE) trademark and operating system.Agreement will allow Porsche Consulting to implement ACE principles solely with UTC suppliers.  Full Article

United Technologies Corp announces quarterly dividend
Wednesday, 11 Jun 2014 02:17pm EDT 

United Technologies Corp:Declared, effective July 7, a dividend of 59 cents per common share payable Sept. 10 to shareowners of record at the close of business Aug. 15.  Full Article

United Technologies Corporation reaffirms FY 2014 guidance - Conference Call
Tuesday, 20 May 2014 11:30am EDT 

United Technologies Corporation:Says it remain confident in FY 2014 EPS guidance range of $6.65 to $6.85 with a path to the high end on sales of $64 billion.FY 2014 EPS of $6.85 - Thomson Reuters I/B/E/S.  Full Article

United Technologies Corp's Pratt & Whitney expands partnership with UPS
Tuesday, 20 May 2014 09:15am EDT 

United Technologies Corp:Pratt & Whitney, a unit of United Technologies Corp. expands its third-party logistics (3PL) relationship with UPS.As part of agreement, UPS will open 600,000-square-foot Northeast Logistics Center (NELC) in Londonderry, New Hampshire, to serve as centralized distribution center for Pratt & Whitney parts, tooling and supplies.This logistics center will support Pratt & Whitney's manufacturing and global engine assembly and test sites.Set to open in June 2015, UPS will operate the NELC and provide parts receipt, storage, building of manufacturing and assembly kits, packing, inventory management and freight transportation.Pratt & Whitney will leverage UPS's customs brokerage expertise, and monitoring and technology solutions for 24/7 visibility across the supply chain.  Full Article

Royal Brunei Airlines selects United Technologies's Pratt & Whitney PurePower Engines for New A320neos
Monday, 5 May 2014 10:44am EDT 

Royal Brunei Airlines (RB):Signs letter of intent with Pratt & Whitney, division of United Technologies Corp for PurePower PW1100G-JM engines to power seven firm A320neo aircraft (together with three options).Deliveries are scheduled to commence in 2018.  Full Article

United Technology recalls ESL, Interlogix smoke alarms

WASHINGTON - United Technologies Corp is recalling ESL and Interlogix smoke detectors because they can fail to alert users of fires, the Consumer Product Safety Commission said on Wednesday.

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