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united technologies

Raytheon and United Technologies aerospace businesses to merge

July 17, 2019 by Anna

united technologies

Raytheon Company and United Technologies have entered into an agreement to combine in an all-stock merger of equals.

The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defence.

The merger of Raytheon, a leading defence company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defence technologies.

[Read more…] about Raytheon and United Technologies aerospace businesses to merge

Filed Under: Industry, News Tagged With: aerospace, businesses, carrier, combined, company, defence, expected, half, leading, merger, offer, otis, pratt & witney, raytheon, technologies, united, united technologies

UTC begins work on hybrid electric aeroplane

May 2, 2019 by Anna

United Technologies (UTC) has recently launched the advanced projects group within the company, which moves at speed to build and pilot ambitious product and service demonstrators.

The group’s first product demonstrator is a hybrid-electric X-plane under the project name, Project 804.

The number “804” represents the straight-line mileage between the Pratt & Whitney facility in Longueuil, Québec, and the Collins Aerospace facility in Rockford, Illinois.

[Read more…] about UTC begins work on hybrid electric aeroplane

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United Technologies completes acquisition of Rockwell Collins

February 28, 2019 by Anna

United Technologies Corp. has completed its acquisition of Rockwell Collins and the company’s intention is to separate its commercial businesses, Otis and Carrier (formerly CCS), into independent entities. The separation will result in three global, industry-leading companies.

Firstly, United Technologies, comprised of Collins Aerospace Systems and Pratt & Whitney, will be the preeminent systems supplier to the aerospace and defence industry; Collins Aerospace was formed through the combination of UTC Aerospace Systems and Rockwell Collins.

Secondly, Otis, the world’s leading manufacturer of elevators, escalators and moving walkways and thirdly, Carrier, a global provider of HVAC, refrigeration, building automation, fire safety and security products with leadership positions across its portfolio.

[Read more…] about United Technologies completes acquisition of Rockwell Collins

Filed Under: Industry, News Tagged With: rockwell collins, united technologies

United Technologies to invest $15 billion in US over next five years

July 17, 2018 by Sam Francis

united technologies

United Technologies says it plans to hire 35,000 people and make investments of more than $15 billion in research and development and capital expenditures in the United States over the next five years.

The company also launched a dedicated site to highlight its investments in the US: www.utcinvestingintheusa.com.

Gregory J. Hayes, chairman & CEO, United Technologies Corporation, says: “United Technologies is growing globally and growing the fastest in the United States.  [Read more…] about United Technologies to invest $15 billion in US over next five years

Filed Under: Features, Industry Tagged With: investment, united technologies

Green buildings provide $6 billion in benefits to health and climate, says Harvard study

March 10, 2018 by David Edwards

UTC Healthfx The Impact Infographic

Environmentally-firendly buildings provide $6 billion in benefits to health and climate, says a new Harvard study supported by United Technologies.

These previously undocumented benefits are in addition to $7.5 billion in energy savings, for a combined $13 billion in total benefits.

The public health benefits include fewer hospitalizations and reduced climate impacts.  [Read more…] about Green buildings provide $6 billion in benefits to health and climate, says Harvard study

Filed Under: Features, Infrastructure Tagged With: green buildings, harvard, united technologies

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Latest news

  • Aerones demonstrates ‘first’ robot for wind turbine maintenance and repair
  • Electric Future: Two-wheels good, four wheels not so much
  • Electric Future: Battery production facilities bloom on both sides of the Atlantic
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  • Electric Future: Siemens providing software platform to support nascent electric airplane market
  • Electric Future: Stalled car revolution
  • Scythe Robotics secures $42 million new financing to accelerate production of zero-emissions autonomous mower
  • Mining robotics company Nabors acquires digital twin developer MindMesh
  • Lockheed Martin Ventures invests in on-demand manufacturing startup Machina Labs
  • Unlocking the Benefits of Static Residential Proxies for the AI revolution

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