UTC Aerospace Systems develops new integrated drive generator to reduce costs and fuel usage
PR Newswire - Tue Jul 12, 9:30AM CDT
UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), invested millions and nearly 15 years to develop a lighter and more compact advanced integrated drive generator (IDG) to power jets like Embraer's new E190-E2. The new IDG supplies the constant frequency electric power needed for the E2 jet, equivalent to the amount of electricity needed to power 48 homes, with the added benefit of cost and fuel savings. The IDG, compatible with the E190-E2 and the E195-E2, is the first all-new integrated drive generator design in more than a decade and is the result of collaboration with Pratt & Whitney.
UTX: 104.51 (+0.55)
Defense Stock Roundup: Boeing Reports Q2 Deliveries; UTX Scores Big Contract; LMT Starts IS&GS Exchange Offer
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:27AM CDT
On the threshold of the second-quarter earnings season, the outlook for the aerospace and defense sector is not so bad when compared with the overall Q2 forecast.
UTX: 104.51 (+0.55), NOC: 220.53 (-1.43), TGI: 36.79 (+0.84), TXT: 38.38 (+0.14), BA: 130.96 (-1.08), COL: 85.69 (+0.73), LLL: 149.45 (+0.42)
Stock Market News for July 12, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:10AM CDT
Benchmarks started the week in positive territory following continuing positive impact of Friday’s encouraging job data on investor sentiment
MMM: 179.24 (+1.23), GS: 156.88 (+4.69), JPM: 63.29 (+1.02), IBM: 157.00 (+1.67), FB: 117.85 (-0.02), UTX: 104.51 (+0.55), C: 43.42 (+1.13), GOOGL: 733.07 (+5.87), WFC: 48.35 (+0.27), BAC: 13.55 (+0.34), AAPL: 97.28 (+0.30)
Engine Alliance Supersizes Superjumbo Service
PR Newswire Europe - Tue Jul 12, 9:00AM CDT
First GP7200 Overhaul Center in Asia; Dubai Shop Expands
GE: 32.32 (+0.11), UTX: 104.51 (+0.55)
AerCap Adds 10 Additional Pratt & Whitney Powered A320neo Aircraft to Fleet
PR Newswire - Tue Jul 12, 7:11AM CDT
AerCap has chosen the Pratt & Whitney PurePower® Geared Turbofan(TM) engine to power an additional 10 Airbus A320neo aircraft. The order, originally announced as options, brings AerCap's PW1100G-JM engine powered fleet to 100 aircraft. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company.
AER: 36.31 (+1.30), UTX: 104.51 (+0.55)
UTC Aerospace Systems selected by Asiana Airlines to provide landing gear services for 747-400 aircraft
PR Newswire - Tue Jul 12, 6:15AM CDT
UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE:UTX), has been selected by Asiana Airlines Inc. to provide landing gear maintenance, repair and overhaul (MRO) services for its fleet of Boeing 747-400 aircraft. The work will be performed at the UTC Aerospace Systems Center of Excellence in Miami, a world leader in performing overhauls on Boeing landing gear.
UTX: 104.51 (+0.55)
Pratt & Whitney and Lufthansa Technik Sign Strategic Agreement to Strengthen Geared Turbofan(TM) Engine MRO Services
PR Newswire - Tue Jul 12, 3:00AM CDT
Pratt & Whitney, a United Technologies Corp. (NYSE: UTX) company, and Lufthansa Technik, a global leader in aircraft engine maintenance, repair and overhaul (MRO), together announced that Lufthansa Technik has signed a strategic network agreement to become a key member of the Pratt & Whitney Geared Turbofan (GTF) engine MRO network offering the full scope of MRO services on PW1100G-JM and PW1500G engines.
UTX: 104.51 (+0.55)
P&WC's PT6A Engine Poised for Growth in European Market
Marketwire Canada - Tue Jul 12, 1:01AM CDT
Operators of Iconic Engine to Benefit from Introduction of Single-Engine IFR Commercial Passenger Flights
UTX: 104.51 (+0.55)
UTC Aerospace Systems Awarded Study Contract For Integrating MS-177 Sensor with the USAF Distributed Common Ground System
PR Newswire - Mon Jul 11, 8:30AM CDT
UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), announced the award of a study contract to complete the integration of its MS-177 sensor system into the U.S. Air Force (USAF) Distributed Common Ground System (DCGS). Awarded by Lockheed Martin, the contract will support the USAF and provide the next generation image processing, command and control and situational awareness tools for combat operations.
UTX: 104.51 (+0.55)
UTX's Pratt & Whitney Wins $1.5B Contract from U.S. DOD
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 7:30AM CDT
United Technologies Corp.'s (UTX) operating segment Pratt & Whitney recently secured a contract worth $1.5 billion from the U.S. Department of Defense to manufacture F135 propulsion systems to power all three variants of the F-35 Lightning II aircraft.
LUK: 17.56 (+0.15), LMT: 254.71 (+0.32), HON: 119.07 (+0.50), UTX: 104.51 (+0.55)
UTC Aerospace Systems Next-Gen Sensor Selected for Global Hawk UAS
PR Newswire - Mon Jul 11, 6:30AM CDT
UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), was awarded a contract to support the integration and testing of the MS-177 multi-spectral imaging (MSI) and long-range intelligence, surveillance and reconnaissance (ISR) sensor onto the Northrop Grumman RQ-4B Global Hawk Unmanned Aircraft System (UAS).
UTX: 104.51 (+0.55)
Pratt & Whitney, Rolls-Royce Team Up to Provide Comprehensive Support for UK F-35B at RAF Marham
PR Newswire - Mon Jul 11, 1:00AM CDT
Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), and Rolls-Royce will join forces to provide comprehensive technical support at Royal Air Force Marham to support F135 engines and the LiftSystems on the U.K.'s F-35B Lightning II aircraft.
UTX: 104.51 (+0.55)
United Technologies Rises 1.28% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Fri Jul 08, 1:07PM CDT
United Technologies (NYSE:UTX) traded in a range yesterday that spanned from a low of $102.57 to a high of $103.42. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $102.34 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
UTX: 104.51 (+0.55)
United Technologies Corp. Second Quarter Earnings Advisory to Securities Analysts, Investors and News Media
PR Newswire - Tue Jul 05, 5:20PM CDT
United Technologies Corp. (NYSE: UTX) will issue its second quarter 2016 earnings press release on Tuesday, July 26, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET.
UTX: 104.51 (+0.55)
Top 6 Research Reports for July 5, 2016
Mark Vickery - Zacks Investment Research - Tue Jul 05, 12:54PM CDT
Top 6 Research Reports for July 5, 2016
TSLA: 224.82 (+0.04), LMT: 254.71 (+0.32), UTX: 104.51 (+0.55), GIS: 71.35 (-0.46), CSCO: 29.60 (+0.17), BABA: 81.57 (+0.11)
Defense Stock Roundup: Lockheed Martin Scoops Up Almost $2B Orders; GD, RTN, UTX Also Score Big
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 11:01AM CDT
The rally in the broader markets continued after the rebound from the Brexit-induced fall, with the major indexes trading in the green. This had a positive impact on the defense stocks over the last five trading sessions.
HII: 173.20 (-0.66), GD: 141.57 (+0.38), RTN: 138.25 (-0.94), UTX: 104.51 (+0.55), TXT: 38.38 (+0.14), LLL: 149.45 (+0.42)
Freudenberg-NOK Tillsonburg Facility Earns UTC Supplier Gold
PR Newswire - Tue Jul 05, 9:00AM CDT
For the sixth year in a row, Freudenberg-NOK Sealing Technologies' Tillsonburg, Ontario, Canada facility has been awarded United Technologies Corporation's (UTC) Supplier Gold status for its exceptional work in delivery, quality, lean practices and customer support.
UTX: 104.51 (+0.55)