United Technologies Corp. (UTC) closed on its record-making $30 billion acquisition of Rockwell Collins Nov. 26, and announced it will spin off non-aerospace business units Carrier and Otis Elevator Co. and become a pure-play, potentially $50 billion Tier 1 aerospace parts, engines and services provider. Long expected by Wall Street, UTC’s breakup heralds an end to an era of industrial conglomerates participating in aerospace and defense, as Honeywell, General ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "UTC Closes Rockwell Collins Deal; Will Divest Non-Aero Companies".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.