United Technologies Corp.

Feds likely to approve of Raytheon, UTC deal

Federal officials are quietly weighing a proposed merger between Raytheon and United Technologies, and there is no early indication that they will throw up much objections to the marriage.

UTC may have to sell unit in Raytheon merger

United Technologies Corp. may have to part ways with its military radio navigation unit if it hopes to complete its pending merger with defense contractor Raytheon, company officials said Wednesday.

UTC CFO Johri to retire; restructuring expenses hit 3Q bottom line

United Technologies Corp. on Tuesday announced multiple key personnel changes, including the pending retirement of its Chief Financial Officer Akhil Johri.

UTC, Raytheon shareholders approve $120B merger proposal

Shareholders of United Technologies Corp. and defense contractor Raytheon Friday morning overwhelmingly approved the companies’ planned $120 billion merger, which includes relocating UTC’s Farmington headquarters to Massachusetts, where Raytheon is based.
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Pentagon hands Pratt $2.2B engine contract

The Pentagon has awarded a modified $2.2 billion contract to East Hartford’s Pratt & Whitney Co. to supply variations of its F135 jet engines powering warplanes for the U.S. military and allies.

CT sets defense-procurement roadshow for D.C.

Connecticut’s efforts to sustain its defense-manufacturing sector will take it to the nation’s capitol midweek, as 15 companies meet with defense procurement officials from 22 countries representing potentially billions in future sales of goods and services, authorities say.

Feds: Staffer abuses UTC’s gift-matching for $367K

A North Carolina employee of United Technologies Corp.’s (UTC) Collins Aerospace unit was indicted for defrauding his...

Pratt offering retirement packages amid hiring effort

East Hartford jet-engine builder Pratt & Whitney, underway with its biggest hiring ramp-up in a generation, says it’s offering financial packages to urge its longest-tenured workers to either retire or leave.
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UTC, Raytheon shareholders to vote on merger

United Technologies Corp. and Massachusetts defense contractor Raytheon plan to put their prospective merger to a vote at simultaneous shareholders meetings on Oct. 11, according to documents filed Wednesday with the U.S. Securities and Exchange Commission.

Defense Dept. sees ‘no major concerns’ in mega-merger of UTC-Raytheon

The U.S. Defense Department currently has no plans to intervene in the pending mega-merger between Farmington-based United Technologies Corp. and Massachusetts defense contractor Raytheon, a high-ranking agency official told reporters at a press briefing Monday.
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