When Connecticut struck a deal for up to $400 million in tax credits for United Technologies Corp., the sides said the company’s helicopter and aerospace divisions would remain here “for years to come.”
The Air Force says it is moving forward with plans to have Sikorsky build a new combat rescue helicopter but the program could still face major hurdles.
Sikorsky Aircraft workers in Connecticut and Florida have approved a new contract that includes a 10 percent wage increase over four years and $4,000 signing bonuses.
Stratford Mayor John Harkins says developers have signed an agreement to buy a 77-acre former Army engine plant at the mouth of the Housatonic River with plans for homes, shops and industrial businesses.
The chief financial officer of United Technologies Corp. says the European economy is beginning to recover, but the U.S. military is sharply cutting spare parts orders for subsidiary helicopter maker Sikorsky Aircraft Corp.
STRATFORD, Conn. (AP) _ Helicopter maker Sikorsky Aircraft Corp. is cutting 200 hourly jobs, blaming reduced spending by the federal government and other countries and rising costs to compete. The subsidiary of United Technologies Corp. […]
STRATFORD, Conn. (AP) _ Helicopter maker Sikorsky Aircraft Corp. is laying off 200 workers due to military spending cuts and the uneven economic recovery. Spokesman Paul Jackson said Thursday that the subsidiary of United Technologies […]
The FAA announced Friday it plans to go ahead with plans to close air traffic control towers at smaller airports — including six in Connecticut: Brainard in Hartford, Tweed-New Haven, Groton-New London, Waterbury-Oxford, Danbury and Bridgeport-Sikorsky.
Members of the Connecticut Congressional delegation say the budget cuts required by the sequester which took effect Friday will mean closing of six air traffic control towers in Connecticut in a month.
United Technologies Corp. says its third-quarter net income and revenue rose on higher orders in elevator sales, heating and cooling equipment and commercial aviation spare parts.