News for United Technologies
Feb 25 · 4:02:00 PM · Source: Reuters
Pratt & Whitney, a division of United Technologies, will provide exclusive power for 40 firm and up to 40 options for new Bombardier CSeries* aircraft ordered by Republic Airways as part of a contract announced today. The agreement represents 80 firm PW1000G engines for CSeries aircraft with six spare engines. In addition, Republic has signed an exclusive 15-year maintenance contract with Pratt & Whitney for these engines.
"We are excited about the future of the Bombardier CSeries jetliner family,"
said Bryan Bedford, Republic Airways' Chairman, President and Chief Executive
Officer. "Market studies carried out by ourselves and other organizations see
a large worldwide demand for aircraft in the 100- to 149-seat category over
the next two decades, and the CSeries jetliner family is a perfect fit."
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by Michael Oliveto
Feb 24 · 12:25:00 AM · Source: Reuters
United Technologies sold $2.25 billion of debt in a two-part sale.
The offering included $1.25 billion of 10 year notes priced to yield 87 basis points over comparable U.S. Treasuries and $1.0 billion of 30 year bonds priced to yield 109 basis points more than U.S. Treasuries. The joint book managers on the sale were Bank of America Merrill Lynch, BNP Paribas, Citigroup, Deutsche Bank and RBS.
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by Michael Oliveto
Feb 24 · 12:23:00 AM · Source: PR News Wire
The Office of the Architect of the Capitol (AOC) awarded an energy savings performance contract (ESPC) to NORESCO, a national leader in energy efficiency and energy infrastructure solutions, for work in the office buildings of the U.S. House of Representatives. The project includes $34 million in facility infrastructure upgrades in the Rayburn, Longworth, Cannon, and Ford House Office Buildings, and the House Page Dormitory. NORESCO is a subsidiary of Carrier Corp., which is a unit of United Technologies.
The infrastructure upgrades will pay for themselves through more than $67 million in reduced energy and water consumption costs over the project term. After completion of construction, the House Office Buildings are expected to reduce energy consumption by 23 percent and total water consumption by 32 percent.
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by Michael Oliveto
Feb 24 · 12:21:00 AM · Source: Reuters
Sikorsky Global Helicopters, a business unit of Sikorsky Aircraft Corp., which is a subsidiary of United Technologies, is seeing a resurgence of interest in its S-300C and S-300CBi helicopters, with sales activity for the beginning of 2010 showing a 50 percent increase over the same time period in 2009.
All incoming orders so far in 2010 have been fleet orders of two to four
helicopters each for flight training, patrol, agricultural and wildlife work,
and other diverse operations in the United States and around the world.
"In lean economic times, more operators have come to recognize S-300 series
helicopters as reliable, economic solutions to their mission requirements,"
said David Oglesbee, director, Sikorsky Global Helicopters Light Helicopter
Division. "Low operating costs and a strong safety record also have encouraged
customers to add S-300 series helicopters to their fleets to grow and
diversify their businesses in a soft market."
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by Michael Oliveto
Feb 16 · 2:36:00 PM · Source: Reuters
Sikorsky Aircraft Corp.
and Terma A/S today announced the signing of a Memorandum of Understanding to
explore potential collaborations if the Danish government decides to procure
Sikorsky MH-60R SEAHAWK helicopters.
"We see potentially strong synergies between our companies and the combined
support they could bring to the Danish Maritime Helicopter Program," said
Leonard Wengler, Vice President, Navy Programs for Sikorsky. "The MH-60R
helicopter, dubbed the 'Romeo,' is the most advanced multi-mission naval
helicopter available today with demonstrated effectiveness during deployment
with the U.S. Navy in 2009. Terma's aerospace experience and expertise,
including the production of advanced aerostructures and electronic warfare
equipment, provide promising opportunities for collaboration."
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by Michael Oliveto
Feb 12 · 12:53:00 PM · Source: Reuters
Pratt & Whitney Rocketdyne today helped boost into orbit the first mission in NASA's "Living With a Star" program to explore more about how the sun affects life on Earth. The Solar Dynamics Observatory mission was launched from Cape Canaveral Air Force Station, FL, by a United Launch Alliance Atlas V rocket.
The Atlas V is powered by the RD AMROSS RD-180 booster engine and a Pratt & Whitney Rocketdyne RL10 upper-stage engine. Pratt & Whitney Rocketdyne is a unit of United Technologies.
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by Michael Oliveto
Feb 11 · 12:00:00 PM · Source: PR Newswire
Pratt & Whitney Rocketdyne, a United Technologies company, has completed the initial step in certifying the RS-68A rocket engine by successfully hot-fire testing the first certification engine. The RS-68A is an upgrade of the RS-68, a liquid-hydrogen/liquid-oxygen booster engine that will provide increased thrust and improved fuel efficiency for the Delta IV family of launch vehicles.
"The RS-68A certification engine ran very well, and we obtained the data we needed to proceed with additional tests," said Jim Tibble, RS-68A engine development project manager, Pratt & Whitney Rocketdyne. "Development testing is complete, certification testing has started and it's an exciting time. We will be reviewing data to fully analyze engine performance, to verify compliance with requirements, and to ensure 100 percent mission success as we proceed through the certification process for this next-generation rocket engine."
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by Michael Oliveto
Dec 31 · 2:11:00 PM · Source: MSN Money
The Department of Defense reported that it gave an approximately $171.1 million contract to a United Technologies division to make and convert 14 airplanes for the United Arab Emirates.
Sikorsky Aircraft Corp. will work on the UH-60M aircraft project in Stratford, CT. Work is expected to be completed on December 31, 2012.
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by Michael Oliveto
Nov 12 · 2:31:00 PM · Source: Company News
United Technologies Corp. (NYSE:UTX), today announced it has reached an agreement to purchase the GE Security business from GE (NYSE: GE) for $1.82 billion. The closing is pending regulatory approvals. GE Security, part of GE Technology Infrastructure, supplies security and life safety technologies through a broad product portfolio for commercial and residential applications that include fire detection and life safety systems, intrusion alarms, and video surveillance and access control systems. Headquartered in Bradenton, Fla., the business has eight manufacturing facilities and approximately 4,700 employees in 26 countries.
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by Larry Etter
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