UTC

(Adam Berry/Getty Images)

UTC: Will Complete Review Of Sikorsky Future In Coming Months

HARTFORD, Conn. (AP) _ United Technologies Corp. said it will complete by mid-year its review of whether to sell, spin off or otherwise divest itself of helicopter maker Sikorsky Aircraft. In a regulatory filing Wednesday, […]

04/29/2015

(Courtesy United Technologies website)

UTC Aerospace Will Cut 90 Jobs; Voluntary Buyout Offered

An aerospace unit of United Technologies Corp. is seeking to cut 90 jobs, offering a voluntary buyout to hourly workers.

03/12/2015

Governor Malloy, Louis Chenevert (Michael Guerrera/WTIC Photo)

UTC CEO Retires, Effective Immediately

By STEPHEN SINGER,  AP Business Writer  HARTFORD, Conn. (AP) _ Aerospace and building systems giant United Technologies announced Monday the abrupt retirement of CEO Louis Chenevert, and named Chief Financial Officer Greg Hayes to succeed […]

11/24/2014

Governor Dannel Malloy announces agreement with UTC to invest in Connecticut. (WTIC's Michael Guerrera)

House Overwhelmingly Passes UTC Credits

The Connecticut House of Representatives has overwhelmingly approved a $400 million tax credit exchange deal, reached by Gov. Dannel P. Malloy’s administration with the state’s largest private employer, United Technologies Corp.

04/17/2014

Governor Dannel Malloy announces agreement with UTC to invest in Connecticut. (WTIC's Michael Guerrera)

Job Loss A Presence In Conn./UTC Deal

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.”

03/06/2014

(Courtesy United Technologies website)

UTC Reports Revenue Up, But Steep Drop In Fourth-Quarter Profit

United Technologies Corp. is reporting a steep drop in fourth-quarter profit, but its revenue edged up.

01/22/2014

(Courtesy United Technologies website)

UTC Quarterly Profits Up, Company Warns Weak Military Market Will Hurt 2013 Numbers

United Technologies Corp. says third-quarter profit edged up 1 percent on a slight increase in revenue, but warned that a weak military aerospace market will cut into 2013 revenue.

10/22/2013

Pratt and Whitney (Photo Credit: Philippe Lopez/AFP/Getty Images)

Analysts Expect Revenue Growth, But Lower Profits For UTC’s Third Quarter

United Technologies Corp. is expected to post strong revenue growth for the third quarter, but analysts expect profit to be down slightly from the same three months of 2012 as federal spending cuts pinch the conglomerate’s military business.

10/18/2013

(Courtesy United Technologies website)

UTC Cancels Planned Furloughs

United Technologies Corp. canceled a planned furlough of 2,000 workers after the Department of Defense recalled most of its civilian employees.

10/06/2013

Sikorsky Blackhawk S-701 (Adam Berry/Getty Images)

UTC May Furlough 5,000 If Government Shutdown Continues

United Technologies Corp. says it may furlough more than 5,000 workers if the U.S. government shutdown continues into next month.

10/02/2013

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