WALTHAM, Mass. and FARMINGTON, Conn., March 30, 2020 (Raytheon/United Technologies PR) – Raytheon Company (NYSE: RTN) and United Technologies Corporation (NYSE: UTX) announced that they have received the necessary regulatory approvals for their all-stock merger of equals and expect to close the merger prior to the opening of trading on the New York Stock Exchange (NYSE) on Friday, April 3, 2020, the distribution date for United Technologies’ spin-offs of Carrier and Otis.
WINDSOR LOCKS, Conn. (Collins Aerospace PR) – Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), has signed a contract with Lockheed Martin to provide critical subsystems to support production of NASA’s Orion spacecraft fleet for Artemis missions III through VIII.
Valued at $320 million, the systems being provided by Collins Aerospace will play an important role in enabling NASA’s goal of boots on the Moon by 2024, as well as establishing a sustained presence on and around the Moon to prepare for missions to Mars.
Centennial, Colo., June 16, 2014 (ULA PR) – United Launch Alliance (ULA) has signed commercial contracts with multiple American companies to investigate next-generation liquid oxygen/hydrocarbon first stage propulsion concepts. In collaboration with ULA, each company will conduct technical feasibility analysis, develop high fidelity plans, identify schedule, cost and technical risks, as well as cost estimates to meet aggressive recurring cost targets. All concepts will support a first launch by 2019.
“As the nation’s steward of the launch industrial base and the only company certified to launch our nation’s most critical missions, it is incumbent upon ULA to bring forward the best solutions to preserve that capability for the future,” said Michael Gass, ULA president and CEO.
U.S. District Judge Leonie Brinkema has rejected motions from ULA and engine supplier RD-Amross to dismiss an anti-trust lawsuit brought against them by Orbital Sciences Corporation, Space Newsreports.
Orbital wants Russian RD-180 engines to replace the AJ-26 engines the company uses in its new Antares launch vehicle. However, ULA has exclusive use of the RD-180 engines for its Atlas V rocket through a supplier agreement with RD-Amross, which is a joint venture between United Technologies Corp. and NPO Energomash of Russia.
ULA and RD-Amross asked the court to dismiss the lawsuit, claiming that Orbital has viable alternatives to the AJ-26 engines and that RD-180s cannot be sold to foreign parties without the approval of the Russian government. Thus, Orbital could not prove the $500 to $1.5 million in damages it is seeking over ULA’s monopoly.
DARPAâ€™s Hypersonic Vulcan Engine Meld Defense Industry Daily
It might not be a Vulcan mind-meld, but itâ€™s pretty close. The Department of Defenseâ€™s technology brain trust, the Defense Advanced Research Projects Agency (DARPA), has given 4 contractors the go-ahead to develop the advanced Vulcan combination engine system for hypersonic flight. The 8-month first phase features awards to: Alliant TechSystems, General Electric, Rolls Royce, and United Technologies.
The Defense Advanced Research Projects Agency (DARPA) has kicked off the Vulcan program with awards to four contractors. The four contractors participating in the eight-month first phase are: Alliant TechSystems, General Electric, Rolls Royce and United Technologies.
United Technologies To Lay Off Nearly 12,000 Workers Aero-News.Net
The conglomerate that owns such notable aerospace companies as Sikorsky, Pratt & Whitney, Rocketdyne and Hamilton Sundstrand will cut 5 percent of its global workforce this year, the latest victim of a staggeringly awful global economy.