United Technologies Corp. says a federal court ordering it to pay $473 million plus interest to compensate for alleged fraud in its sale of fighter jet engines will cut revenue and profit.
Aerospace conglomerate United Technologies Corp. says it’s donated $3 million to establish an endowed professorship at the Yale Cancer Center in New Haven.
Senator Chris Murphy visited defense contractors Wednesday to denounce what he called damaging automatic federal budget cuts and said he expected smaller contractors in the state to be hit worst.
A former employee of United Technologies Corp. is suing the aerospace conglomerate over its tuition program that financed graduate school but laid him off before he could receive company stock.
East-Hartford-based Pratt & Whitney says it’s uncovered fraudulent testing of engine parts, but that no recalls or other problems resulted.
United Technologies Corp. says its second-quarter profit ticked up on declining revenue as orders fell at its jet engine and elevator businesses.
The chief financial officer of United Technologies Corp. says the industrial conglomerate will sell more businesses.
United Technologies say it’s selling its rocket engine and wind power businesses to help finance its $16.5 billion purchase of aerospace supplier Goodrich Corp.
Aerospace supplier Goodrich Corp. says its shareholders have approved the Charlotte, N.C., company’s sale to United Technologies Corp.
United Technologies Corp. says its fourth-quarter profit rose nearly 11 percent as revenue grew 1 percent.