United Technologies has announced it will add 35,000 jobs and invest over $15 billion for research and development, as well as well as capital expenditures, in the United States through 2022. The company said Wednesday it also launched a new website www.utcinvestingintheusa.com aimed at highlighting UTC’s U.S. investments. These new investments are intended to …
Read More »Search Results for: United Technologies
United Technologies Subsidiary Releases New UAS Payload System
A United Technologies subsidiary has released a new optical and laser designation payload system designed for use with small and mid-sized unmanned aerial systems. During the Special Operations Forces Industry Conference, UTC Aerospace Systems launched the 10.6-pound TASE400 LD which uses NATO-compliant laser designator technology, UTC said Monday. Laser designator technology provides mid-wave infrared imaging to support …
Read More »AFRL Signs Simulation Software Licensing Agreement With Pratt & Whitney, United Technologies
The U.S. Air Force Research Laboratory has licensed Pratt & Whitney and parent company United Technologies to use and implement a modeling and simulation software. The FEMORPH platform was built to work with a design application in simulating the performance of aircraft engine parts before production, Wright-Patterson AF Base said Wednesday The system was also …
Read More »United Technologies Names Intel’s Diane Bryant to Board of Directors
United Technologies Corp. has appointed Diane Bryant, Intel executive vice president, to become a member of the global industrial conglomerate’s board of directors effective Jan. 1. 2017. Bryant currently leads the development of platforms for the digital services industry as general manager of Intel’s data center group, UTC said Wednesday. UTC CEO Greg Hayes said …
Read More »United Technologies to Modernize Air Force Imaging Sensors; Kevin Raftery Comments
United Technologies Corp. has won a contract to modernize the airborne imaging sensors of the U.S. Air Force, C4ISR & Networks reported Thursday. Michael Peck writes United Technologies’ UTC aerospace systems unit will work to upgrade the SYERS-2 sensor systems to the SYERS-2C version featuring multispectral technology. Kevin Raftery, UTC …
Read More »United Technologies Wins R&D Award for Energy Storage Tech; David Parekh Comments
United Technologies Corp.‘s research arm has received an R&D 100 Award for developing a flow-battery system for electrical energy storage applications. The United Technologies Research Center accepted the award from R&D Magazine, which recognizes the 100 most innovative technologies introduced into the marketplace during the past year, UTC said Thursday. …
Read More »Radiance Technologies Names Kacey Clark as Marketing Director; Cindy Santy Quoted
Radiance Technologies has appointed Kacey Clark as the company's director of Marketing, Communications and Brand Engagement to advance corporate marketing and communication efforts, the company announced Thursday. "His data-driven marketing approach and experience in brand positioning make him a perfect fit for this moment at Radiance," said Cindy Santy.
Read More »Cobham Signs $500M Electronics Supply Deal With Raytheon Technologies; Mike Kahn Quoted
A U.S. subsidiary of Cobham has agreed to supply electronic warfare systems and provide aerospace support services to 12 programs under three Raytheon Technologies business units as part of a $500M partnership agreement between the two companies.
Read More »Raytheon Technologies Reports Q2 2020 Results; Greg Hayes Quoted
Raytheon Technologies has announced its second quarter 2020 results on Tuesday, reporting sales of $14.1 billion, adjusted sales of $14.3 billion, GAAP EPS from continuing operations at a loss of $2.56 and adjusted EPS of $0.40.
Read More »Raytheon Technologies Announces Early Tender Financial Results
Raytheon Technologies has announced at least $8.2 trillion in aggregate principal amount of the outstanding notes of Goodrich Corporation, Raytheon Company and Rockwell Collins, representing approximately 88.2 percent of the total outstanding principal amount of the subsidiary notes.
Read More »Raytheon Technologies Reports First Quarter 2020 Results; Greg Hayes Quoted
Raytheon Technologies has reported first quarter 2020 results for standalone United Technologies including Otis and Carrier. The separation of Otis and Carrier and merger with Raytheon Company occurred on April 3, after the quarter closed, the company reported on Thursday.
Read More »Raytheon Technologies Supports Connecticut’s COVID-19 Response Through Donation; Greg Hayes Quoted
Raytheon Technologies has received a shipment of personal protective equipment worth over $3M to support first responders and frontline health workers in Connecticut.
Read More »Jim Brinker, Intel Federal LLC President and General Manager, Named to 2020 Wash100 for Advancing Emerging Technologies, Creating Valuable Partnerships
Executive Mosaic is honored to present Jim Brinker, president and general manager of Intel, as an inductee into the 2020 Wash100 Award for expanding the company’s information technology, cyber and artificial intelligence technology through notable partnerships, which grew Intel’s revenue and presence in the GovCon Sector.
Read More »Harris, L3 All-Stock Merger Completed to Form L3Harris Technologies; Christopher Kubasik, William Brown Quoted
The all-stock merger between L3 Technologies and Harris Corp. has been completed to form L3Harris Technologies (LHX), the new company announced on Monday. L3Harris is officially the sixth largest defense company in the United States worth approximately $17 billion in revenue with over 50,000 employees. The company also announced the details regarding its own leadership, the board of directors and organizational structure.
Read More »Christopher Kubasik, L3 Technologies CEO, Inducted Into 2019 Wash100 for Expanding Company’s Position in Federal Market
Executive Mosaic is pleased to introduce Christopher Kubasik, chairman, president and CEO of L3 Technologies, as an inductee into the 2019 Wash100 — Executive Mosaic’s annual selection of the most influential voices in the government contracting arena — for securing multiple contracts to expand the company’s position in the federal market.
Read More »