United Technologies Corp.

Mayor Bronin: Summer in the City events signify Hartford’s post-COVID resurgence

A week ahead of the planned Hartford Bonanza Independence Day celebration, Mayor Luke Bronin said that and...

Former Pratt & Whitney exec Mitchill named Raytheon Technologies’ CFO

Neil Mitchill, former chief financial officer at East Hartford-based Pratt & Whitney, has been appointed CFO of...

Raytheon CEO: Company could shrink office space by 25%; hybrid work environment way of the future

Raytheon Technologies CEO Gregory J. Hayes said he can see eliminating up to 25% of the conglomerate’s...

🔒Windsor’s Infinity Fuel & Hydrogen creates zero-gravity fuel cells for space, under water

Windsor-based Infinity Fuel & Hydrogen Inc. has developed a zero-gravity hydrogen fuel cell specially designed for the oxygen-free realities of space travel.
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Raytheon subsidiary receives $15M Defense contract

The U.S. The Department of Defense announced a $15 million contract for Windsor Locks-based UTC Aerospace to make components for fighter jets.

Raytheon sells Danbury precision optics business to Colorado company

Newly minted Massachusetts defense manufacturer Raytheon Technologies Corp. has sold its space-based precision optics business in Danbury to a Colorado company, about a week after announcing company-wide pay cuts and furloughs.

Raytheon Technologies announces pay cuts, furloughs at Pratt amid aerospace downswing

Massachusetts-based defense manufacturer Raytheon Technologies Corp. announced pay cuts and furloughs across the company due to the coronavirus-related downturn of the aerospace industry.

UTC-Raytheon to complete $180B mega-merger this week

Farmington conglomerate United Technologies Corp. says it will complete its planned $180-billion mega-merger with Massachusetts defense giant Raytheon this week.
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DOJ greenlights $180B UTC-Raytheon mega-merger with divestitures

The U.S. Department of Justice on Thursday said it has reached an agreement to allow United Technologies Corp. and Massachusetts defense giant Raytheon to complete their planned $180-billion mega-merger as long as they make certain divestitures.

UTC’s COVID-19 response includes hiring freeze, reduced spending

Amid a major dip in air traffic due to the COVID-19 outbreak, United Technologies Corp. says it’s implemented several cost-cutting measures and a hiring freeze to address uncertainty in the financial markets.
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