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State, UConn propose $2B expansion

Connecticut state officials and manufacturing executives recently gathered at Pratt & Whitney’s East Hartford headquarters as Gov. Dannel P. Malloy detailed a $2 billion plan to position the University of Connecticut as one of the country’s top public research institutions.

United Technologies to buy back up to $5.4B in shares

United Technologies Corp. will buy back up to 60 million shares of the company's common stock worth about $5.4 billion at current prices, the company announced Feb. 4.

Pratt & Whitney wins $300M contract

United Technologies Corp. subsidiary Pratt & Whitney has received a five-year, $300 million contract from the South Korean government to assist in the maintenance of the engines powering the country's Lockheed Martin F-16 and Boeing F-15K fighter jets.

Congress sidesteps cliff, postponing sequester

At the 13th hour, with a deal seemingly on the verge of collapse, the U.S. House of Representatives rallied to pass a deal preventing tax hikes for most Americans and postponing billions of dollars in spending cuts that were to take effect.

UTC completes $3.46B sale of industrial products unit

United Technologies Corp. (UTC) last week completed a $3.46 billion sale of its Hamilton Sundstrand industrial products unit to help finance the company's July acquisition of Goodrich Corp., valued at $16.5 billion.

Defense contractors wary of sequester

A group of aerospace industry executives, including Pratt & Whitney President David Hess, warned Congress and the Obama administration that a failure to address the sequester – a package of billions of dollars in defense spending cuts scheduled to begin Jan. 1 – could result in “hundreds” of lost jobs.

Report: Pratt & Whitney cuts 100 positions through layoffs, buyouts

United Technologies Corp. subsidiary Pratt & Whitney has laid off 80 hourly workers and eliminated 20 positions through buyouts, according to a report by the Harford Courant.

Sikorsky heavy-lift helicopter ready for testing

The first prototype of a CH-53K heavy lift helicopter being developed by Sikorsky Aircraft Corp. for the Navy is ready for ground testing, the Stratford-based company announced Dec. 4.

Sikorsky S-76D helicopter gains FAA certification

With the S-76D, Sikorsky has a new opportunity to demonstrate its value to the commercial sector.

UTC reports increased sales 3Q

United Technologies Corp. reported $15.04 billion in net sales this quarter, a 7 percent increase from last year's third-quarter sales of $14.24 billion.

UTC gets good grade on foreign ethics

UTC won a “B” on its anti-corruption stance, while GE received just a middling grade.

DOD awards $530m for Sikorsky

The U.S. Department of Defense awarded Sikorsky Aircraft Corp. contracts totaling $530 million for work on Black Hawk helicopters.

Connecticut unfurls new ad campaign

After focusing the initial phase of Connecticut’s new “Still Revolutionary” advertising campaign on tourism, the next phase features cutting-edge companies here.

GE ranks third on air pollution index

(Updated) UMass researchers ranked GE third on a list of the worst air polluters in the country.

NASA kindles Curiosity on Mars

NASA’s newest Mars rover is powered by a system produced by United Technologies Corp.