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.
Shares of Goodrich Corp. are soaring on reports that Hartford-based United Technologies Corp. is exploring a takeover of the aerospace manufacturer.
Workers and executives at jet engine maker Pratt & Whitney join with lawmakers to celebrate the successes of the company, which is now the sole manufacturer of the F-35 Joint Strike Fighter engine.
Hartford-based United Technologies Corp. says its first-quarter profit jumped 17 percent.
UTC executive praises Governor Malloy’s budget cutting efforts.
Stronger results from United Technologies Corp.’s airline business and heating and cooling building systems operations helped push its profit up 11.7 percent for the fourth quarter.