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Category: United Technologies

Airbus H175

GECAS orders jets, helicopters

GE Capital Aviation Services is ordering 60 A320neo passenger jets from Airbus to lease to airliners powered by engines from a GE Aviation joint venture with Safran, also ordering nearly 50
Robert Leduc

UTC replaces Maurer at Sikorsky

Mick Maurer is out as president of Sikorsky Aircraft, with parent company United Technologies (NYSE: UTX) assigning former UTC executive Robert Leduc as his replacement, effective immediately. Maurer

Stamford business group postponements

Updated at 3:37 p.m. WWE postponed Monday’s live event in Hartford and cancelled a Tuesday event in Boston, but will broadcast live Monday starting at 8 p.m. from its studios in Stamford where it is

Pitching UTC deal, Malloy breaks down the job numbers

On the heels of Gov. Dannel Malloy’s recent announcement of a proposal to grant United Technologies $400 million in tax breaks in return for the aerospace company’s commitment to spend up to $5

Thomson Reuters taps UTC, GE and Xerox as top global innovators

Three major corporations anchored in Connecticut have been ranked as drivers of international innovation as Thomson Reuters announced its 2013 Top 100 Global Innovators program this week. GE, Xerox

Sikorsky sales down 7 percent as military cuts weigh on profits

Stratford-based Sikorsky Aircraft actually delivered more helicopters in the first quarter of this year than a year ago, but sales revenue was down 7 percent to $1.24 billion, the aircraft maker’s

Black Hawk provides Sikorsky cover against sequestration

With concerns over sequestration hanging over his Sikorsky Aircraft, Pratt & Whitney and UTC Aerospace systems subsidiaries, Louis Chenevert, chief executive officer and chairman of United

UTC to buy back 60 million shares

United Technologies board authorized a 60 million share repurchase program and declared a dividend of 53.5 cents per common share payable March 10 to shareowners of record at the close of business

Sikorsky shows improvement in fourth quarter

Sales increased three percent and Stratford-based Sikorsky Aircraft delivered 18 more aircraft in the fourth quarter of 2012 compared to the same period a year ago. The helicopter maker’s parent

Joint Chiefs call on Congress to call off sequestration

The Joint Chiefs for Staff for the U.S. Military have sent a letter to Congress warning that if they do not stop sequestration, the United States will be left with a hollow force. The letter, reported