Those conditions include the sale of a UTC facility in Danbury.
Raytheon
Posted inPolitics
Feds likely to approve of Raytheon, UTC deal
Although it would boost defense industry consolidation, there is little overlap between Raytheon and UTC that would pose anti-trust issues for the federal government.
Posted inNews, Politics
Blumenthal blasts Shanahan for failing to disclose family violence
Acting Secretary of Defense Patrick Shanahan resigned Tuesday in the wake of news reports of incidents of domestic violence.
Posted inNews
Pentagon to take a ‘hard look’ at Raytheon, UTC tie up
There are also grumblings in Congress about the deal, which would further consolidate the defense industry.
Posted inMoney
On way out, UTC cushions the fallout for Lamont
UTC’s Greg Hayes is the one leaving, but he left a parting gift for the governor.
Posted inMoney
UTC consolation: Otis to remain, Pratt to hire 1,000
Greg Hayes Gov. Ned Lamont said Tuesday that the headquarters of Otis Elevator will remain in Connecticut after its spinoff from United Technologies Corporation, and the conglomerate intends to hire 1,000 workers at UTC’s Pratt & Whitney facilities in the state. Greg Hayes, the chairman and chief executive of UTC, shared that news with the […]
Posted inNews, Politics
UTC-Raytheon merger may hit bumps on way to completion
President Donald Trump and Sen. Richard Blumenthal were among those who voiced concerns on Monday that the merger would hurt competitiveness in the defense industry.
Posted inNews
Once a Sikorsky-flying Marine, he now pilots the company
WASHINGTON – Dan Schultz doesn’t like to talk about it, but he flew a harrowing rescue mission to Mogadishu, Somalia, in 1991 in a Sikorsky Super Stallion chopper. Now at the company’s helm, he says he plans no big, immediate changes at Sikorsky.