October 22, 2021 | International, Aerospace, Naval, Land, C4ISR, Security
November 28, 2018 | International, Aerospace, Land
United Technologies is breaking into 3 independent companies
By: The Association Press
NEW YORK — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins.
The company's announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more efficient and focused as smaller, separate entities.
"Our decision to separate United Technologies is a pivotal moment in our history and will best position each independent company to drive sustained growth, lead its industry in innovation and customer focus, and maximize value creation," said United Technologies CEO Gregory Hayes.
The three companies will be United Technologies, which will house its aerospace and defense industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business.
The separation is expected to be completed in 2020, United Technologies said.
On Friday, United Technologies said it received final regulatory approval for its deal for Rockwell Collins, a Cedar Rapids, Iowa-based maker of flight deck avionics, cabin electronics and cabin interiors. The newly minted combined aerospace business would have had sales of about $39 billion last year, United Technologies said.
Hayes will stay on as CEO of the aerospace business. The company did not name leaders for the separated Otis and Carrier businesses.
Founded in 1934, United Technologies is based in Farmington, Connecticut, and currently employs about 205,000 people. It did not say if any jobs would be lost in the breakup.
The company got embroiled in politics in 2016 when then-presidential candidate Donald Trump criticized plans to close a Carrier plant in Indianapolis and shift production to Mexico. Weeks after Trump won the election, Carrier announced an agreement brokered by the president-elect to spare about 800 jobs in Indianapolis, where the company has pledged to keep nearly 1,100 jobs. That's down from the approximately 1,600 factory, office and engineering jobs at the facility.
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February 11, 2022 | International, Naval
US Navy should view space, power margins as a 'warfighting capability' worth paying for
If the Navy wants its future combatants to succeed in a missile-to-missile fight, engineers need to leave significant space and power margins for future radars, directed-energy weapons and large-missile launchers.
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December 5, 2019 | International, Aerospace, Naval, Land, C4ISR, Security
Contract Awards by US Department of Defense - December 04, 2019
ARMY Sevenson Environmental Services Inc.,* Niagara Falls, New York, was awarded a $230,000,000 firm-fixed-price contract for environmental remediation. Bids were solicited via the internet with 25 received. Work locations and funding will be determined with each order, with an estimated completion date of Dec. 3, 2024. U.S. Army Corps of Engineers, Baltimore, Maryland, is the contracting activity (W912DR-20-D-0008). CORRECTION: The contract announced on Nov. 25, 2019, for Navistar Defense LLC, Lisle, Illinois (W56HZV-20-D-0016), for two commercial Medium Tactical Vehicle Variants and spare parts contained an incorrect award amount. The correct amount is $24,529,450. NAVY L3 Technologies Inc., Insight Technology Division, Londonderry, New Hampshire, is awarded a $37,500,000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for precision aiming lasers (PAL). This is a first-time buy for PAL. The PAL combines a range finder with a ballistics and environmental sensor/processor to provide the operator with a ballistic solution for increased likelihood of first-round hit. This procurement is in support of U.S. Special Operations Command, Visual Augmentation Systems Weapons Accessories Program. Work will be performed in Londonderry, New Hampshire, and is expected to be completed by November 2024. Fiscal 2019 other procurement (Navy) funding in the amount of $902,451 will be obligated at time of award and will not expire at the end of the current fiscal year. This contract was competitively procured via the Federal Business Opportunities website, with two offers received. The Naval Surface Warfare Center, Crane Division, Crane, Indiana, is the contracting activity (N00164-20-D-JQ56). SciTech Services Inc.,* Havre de Grace, Maryland, is awarded a $33,952,020 cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. This contract will provide engineering and project management support to Navy science and technology management organizations and small business innovation research/small business technology transfer program offices. Work will be performed in Patuxent River, Maryland (70%); Washington, District of Columbia (15%); Arlington, Virginia (10%); San Diego, California (2.5%); and Mechanicsburg, Pennsylvania (2.5%), and is expected to be completed in December 2024. No funds will be obligated at the time of award. Funds will be obligated on individual orders as they are issued. This contract was a small business set-aside competitively procured via an electronic request for proposal; five offers were received. The Naval Air Warfare Center Aircraft Division, Patuxent River, Maryland, is the contracting activity (N00421-20-D-0006). Raytheon Missile Systems, Tucson, Arizona, is awarded a cost-plus-fixed-fee $28,881,512 contract modification to a previously awarded contract N00024-18-C-5407 to exercise a one-year option exercise for fiscal 2020 Standard Missile-2 and Standard Missile-6 repairs and maintenance and support material. This contract combines purchases for the Navy (90%); and the government of the Kingdom of Spain (10%) under the Foreign Military Sales (FMS) program. This contract will provide for engineering and technical support, depot and intermediate level repair, maintenance and recertification of standard missiles, sections, assemblies, subassemblies, components for fiscal 2020. Work will be performed in Camden, Arkansas (68%); Tucson, Arizona (18%); Anaheim, California (11%); and San Diego, California (3%), and is expected to be complete by December 2020. Fiscal 2020 operations and maintenance (Navy) funding for $3,111,499 (90%); and FMS Spain funding for $360,000 (10%) will be obligated at time of award. Contract funds for $3,111,499 will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity. *Small Business https://www.defense.gov/Newsroom/Contracts/Contract/Article/2032038/source/GovDelivery/