Sign In
Search
Business/Financial

United Technologies Plans $15 Billion In New Investments

Cal Biesecker By
SHARE:
United Technologies Plans $15 Billion In New Investments
UTC Chairman and CEO Gregory Hayes. Photo: UTC

United Technologies Corp. [UTX] on Wednesday announced $15 billion in new investments across its companies and portfolios to bolster its digital strategy and increase its manufacturing capacity and efficiencies to keep pace with growth in the U.S. and worldwide.Over five years investments will be made in research and development, accounting for $9 billion, aimed at accelerating the company’s digital strategy, and capital expenditures, $6 billion, which is going toward innovation in manufacturing. Smart factories and 3D manufacturing are among the…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Defense Watch

Defense Watch: L3 Dividend, GPS III on Tap, Autonomous Intercept

Defense Watch

Defense Watch: L3 Dividend, GPS III on Tap, Autonomous Intercept

Army

PDW Details TiC Work With C100 Drone, Eyes Army’s Potential Move Into MRR Later This Year

Defense Watch

Defense Watch: DIB Days, DoD Biz Portal, Indian V-Bats, Drone Charging

Trending

USAF Considering “Modular” Missile Silos For Sentinel
Northrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks
Army Awards Potential $5.6 Billion AI, Data Analytics Deal To Salesforce
Space Systems Command Looking Into Mission Operations Center For Space Data Network
Stop Work Order Issued To AeroVironment For SCAR Antennas

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume