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UTC Building CEO to retire

United Technologies Corp. said the CEO of its UTC Building & Industrial Systems subsidiary will retire at the start of next year.

DOJ opens criminal probe of Sikorsky overbilling allegations

Following a lawsuit filed by the federal government last year alleging that Sikorsky overbilled the U.S. Navy for aircraft spare parts, the U.S. Department of Justice has initiated a criminal probe,...

Barnes' 2Q profits up on lower costs

Lower costs and expenses helped Barnes Group grow its bottom line by 13 percent in the second quarter, the Bristol aerospace-industrial manufacturer reported Friday.

Sales, acquisitions drive Amphenol’s 2Q profit growth

Wallingford connector and cable manufacturer Amphenol Corp. said sales growth across its core customer markets drove a 2.3 percent increase in its second-quarter profits.

Meriden company aims to protect pilots from laser pointers

A Meriden company said it will start production this summer on special glasses that protect airplane pilots from being distracted or temporarily blinded by laser pointers.

UTC profits down, outlook lower

Hartford's United Technologies said Tuesday that its second-quarter profits fell 8 percent, largely on slower sales.

Black Hawk chopper maker Sikorsky sold for $9 billion

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The famous Black Hawk and Marine One helicopters will soon have a new owner. United Technologies agreed to sell its Sikorsky chopper unit to rival defense company Lockheed Martin for $9 billion on...

Kaman tacks on $23M fuze order

Bloomfield aerospace manufacturer Kaman said a customer has placed a $23 million follow-on order for its joint programmable fuzes, which militaries use to program bombs in flight.

WSJ report: Sikorsky-Lockheed deal could be close

United Technologies could announce an $8-billion-plus sale of its Sikorsky helicopter unit to Lockheed Martin as early as this week, the Wall Street Journal reported Friday night.

Rogers Corp. feeling China pinch

Killingly manufacturer Rogers Corp. said Thursday that it expects to report lower second-quarter profits and net sales as a result of a sudden sales decline in the Chinese wireless telecom market.

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