UTC Closes Rockwell Collins Acquisition, Divests Non-Aero Companies

Newly integrated with Rockwell Collins, United Technologies announced late Nov. 26 it will spin off non-aerospace business units Carrier and Otis and become a pure-play, potentially $50 billion Tier 1 aerospace parts, engines and services provider. The decision to spin off the Carrier heating and...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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