Key Developments: United Technologies Corp (UTX)

UTX on New York Consolidated

115.59USD
19 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Toshiba Corp and United Technologies sign new agreement to grow joint venture
Thursday, 16 Oct 2014 04:00pm EDT 

Toshiba Corp and United Technologies:Enters into an agreement to strengthen the strategic collaboration between the two companies through their joint venture, Toshiba Carrier Corporation (TCC).Says agreement outlines the next stage of cooperation between Toshiba and UTC in the field of heating, ventilating and air-conditioning solutions through TCC.Says the deal will expand engineering and sales resources outside of Japan, and will include the establishment of engineering centers in the United States and Europe to strengthen development activities and sales engineering support for these regions.Says companies will also explore new opportunities for overseas manufacturing in India and North America.Additionally, the collaboration will focus on smart cities, which are becoming more prevalent in Asia, as well as machine-to-machine solutions.Both parties will announce specific cooperation schemes during the first half of 2015.  Full Article

United Technologies Corp announces quarterly dividend
Wednesday, 8 Oct 2014 01:31pm EDT 

United Technologies Corp:Declares dividend of 59 cents per common share payable Dec.10 to shareowners of record at the close of business Nov. 14.Ex-dividend date is Nov. 12.  Full Article

Macquarie AirFinance selects Bombardier CSeries Aircraft powered by United Technologies Corp 's Pratt & Whitney PurePower Engines
Friday, 26 Sep 2014 09:00am EDT 

United Technologies Corp:Says Pratt & Whitney will provide exclusive power for up to 50 Bombardier CSeries aircraft ordered by Macquarie AirFinance (part of the global diversified financial services institution Macquarie Group) announced on Sept. 26 by Bombardier.Says Macquarie AirFinance intends to take delivery of 40 Bombardier CS300 aircraft, with an option to purchase an additional 10 aircraft.Says these aircraft will be leased to airline operators around the world.Says Pratt & Whitney is a division of United Technologies Corp.  Full Article

United Technologies Corp announces patent infringement case win by Carrier for infinity technology
Wednesday, 17 Sep 2014 06:42pm EDT 

United Technologies Corp:Says that a jury in the U.S. District Court for District of Delaware has found that Goodman Manufacturing Company infringed Carrier's patent rights relating to functionality of Carrier's Infinity line of residential HVAC systems.Jury also confirmed validity of Carrier's U.S. Patent No. 7,243,004.Carrier, is a part of UTC Building & Industrial Systems, unit of United Technologies Corp.  Full Article

United Technologies Corp reaffirms FY 2014 guidance - Conference Call
Tuesday, 16 Sep 2014 01:20pm EDT 

United Technologies Corp:Expectations for FY 2014 unchanged.Expects FY 2014 sales at $65 billion and EPS, $6.75 to $6.85.FY 2014 revenue of $65 billion and EPS of $6.85 - Thomson Reuters I/B/E/S.  Full Article

United Technologies Corp reaffirms FY 2014 EPS guidance; gives FY 2014 revenue guidance in line with analysts' estimates
Wednesday, 27 Aug 2014 09:00am EDT 

United Technologies Corp:Reaffirms FY 2014 earnings per share expectations of $6.75 to $6.85, on sales of about $65 billion.FY 2014 revenue of $65 billion - Thomson Reuters I/B/E/S.  Full Article

Harris County Sheriff selects United Technologies Corp's UTC Aerospace Systems Cloud Cap Technology TASE400HD
Thursday, 14 Aug 2014 03:00pm EDT 

United Technologies Corp:Says Harris County Sheriff's Office (HCSO) in Texas has integrated UTC Aerospace Systems Cloud Cap Technology TASE400HD airborne imaging system into their OH-58 helicopter.UTC Aerospace Systems is unit of United Technologies Corp.  Full Article

Scoot selects United Technologies's UTC Aerospace Systems C.A.R.E. program for Boeing 787 maintenance
Monday, 4 Aug 2014 08:00am EDT 

United Technologies Corp:Says Scoot Pte. Ltd., a wholly-owned subsidiary of Singapore Airlines, selects UTC Aerospace Systems to provide asset management and repair services for components on its Boeing 787 aircraft through a Comprehensive Accessory Repair and Exchange (C.A.R.E.) program agreement.UTC Aerospace Systems will provide inventory support and maintenance, repair and overhaul (MRO) services for 10 Boeing 787-9 and 10 787-8 aircraft to be operated by Scoot.  Full Article

United Technologies Corp's UTC Aerospace Systems awarded Boeing C-17 Globemaster III MRO landing gear contract
Thursday, 24 Jul 2014 09:00am EDT 

United Technologies Corp:Says its UTC Aerospace Systems has been selected by The Boeing Co to continue to provide landing gear system maintenance services in support of the United States Air Force fleet of the Boeing C-17 Globemaster III aircraft.Included as part of the agreement, the company will work with Hill Air Force Base personnel in Ogden, Utah, to jointly manage the C-17 workload.UTC Aerospace Systems is a unit of United Technologies Corp.  Full Article

China Airlines selects United Technologies Corp for long-term spare parts agreement
Thursday, 24 Jul 2014 08:00am EDT 

United Technologies Corp:China Airlines has selected UTC Aerospace Systems for long-term detailed spare parts agreement that includes air management, electric, and engineering systems on select Boeing and Airbus aircraft operated by the airline.UTC Aerospace Systems is unit of United Technologies Corp (UTC).  Full Article

U.S. watchdog questions if Air Force overpaying for F117 engine work

WASHINGTON, Dec 22 - The Pentagon's internal watchdog on Monday questioned whether the U.S. government is paying United Technologies Corp too much to maintain the F117 engines that power Boeing Co's C-17 cargo plane, and it urged greater oversight.

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