Posts in tag

Raytheon

Technology

Last week, 3.2 million workers filed unemployment claims, easing from the peak since the coronavirus triggered U.S. shutdowns but marking the seventh week of record applications. Nearly 33.5 million applications for unemployment benefits have been filed since mid-March, according to the Labor Department, in the seven weeks since authorities widely began ordering businesses to close …

Technology

Raytheon Technologies donated $3 million worth of personal protective equipment and charter transportation to the State of Connecticut to aid first responders and health care workers on Sunday. Raytheon Technologies Delivers PPE The donation included 455,000 KN95 medical masks, 325,000 surgical masks, 120,000 protective coveralls and 4,500 ICU coveralls, according to Governor Ned Lamont. “Many …

Technology

(Photo credit should read JIM WATSON,NOVA SAFO/AFP via Getty Images) AFP via Getty Images On November 26, 2018, United Technologies Corp. UTX had announced tax-free spin-off of its Otis and Carrier businesses, into new, independent publicly traded companies to be named Otis Worldwide Corp and Carrier Global Corp. On April 3, 2020, United Technologies Corp, …

Technology

Friday, April 3, marks the first day of share trading for the merged enterprise of Raytheon and United Technologies, to be known as Raytheon Technologies. Otis and Carrier, the two non-aerospace, non-defense businesses formerly part of United Technologies, are being spun off. What remains is a more coherent enterprise that will, as CEOs Tom Kennedy …

Technology

Acquisition Redefined contracting lead time draws praise By Mark Rockwell Feb 24, 2020 NOTE: This article first appeared on FCW.com. While industry groups agreed with the Office of Federal Procurement Policy plan for a new definition to measure and publicly report Procurement Administrative Lead Time (PALT), others said the change didn’t adequately cover …

Technology

It’s going to be a busy year for United Technologies (NYSE:UTX) and Raytheon (NYSE:RTN). First, United Technologies will spin off its elevator business, Otis, and, separately, its heating, ventilation, and air conditioning business, Carrier. Second, the remaining aviation business of United Technologies (namely Pratt & Whitney and Collins Aerospace) will be merged with Raytheon in …

Breaking NewsLastest NewsTrending News

WASHINGTON: The Air Force in December will choose one of three competitors to build a revolutionary satellite ground system prototype for its next-generation missile warning satellites. The Future Operationally Resilient Ground Evolution (FORGE) system is seen as a first step towards the Air Force’s ambitious goal of a “common” command and control (C2) network for all …

Technology

United Technologies Corp. raised its profit outlook for the year as it recorded higher quarterly earnings and revenue driven largely by its 2018 acquisition of airplane-parts maker Rockwell Collins Inc. For the full year, the Farmington, Conn., aerospace company now expects adjusted per-share earnings to be between $8.05 and $8.15, up from its previous outlook …

Technology

David Wichner, Arizona Daily Star Published 7:42 p.m. MT Oct. 12, 2019 CLOSE Raytheon is the Tucson region’s largest employer with about 13,000 employees and an economic impact of about $2 billion. (Photo: Raytheon Missile Systems) Shareholders of Raytheon Co. and United Technologies Corp. on Friday overwhelmingly approved UTC’s acquisition of Raytheon in a deal billed …

Technology

New York City, NY: Oct 09, 2019 – Published via (Wired Release) – The global Transportation Security Technology market is comprehensively researched and analyzed in the report by MarketResearch.Biz to help out market players to improve their business plans and ensure long-term success. The study includes of 100+ market data Graphs & Figures, Transportation Security Technology …