Reading Time: < 1 minute United Technologies Corp. (UTC) has reached a definitive agreement to buy Rockwell Collins for $30 billion, a mega-merger of aircraft parts and systems suppliers that will reshape the global aerospace manufacturing landscape. The $30 billion transaction value includes $23 billion in equity and Farmington, Connecticut-based UTC assuming $7 billion in Cedar Rapids, Iowa-based Rockwell’s debt. […]

Reading Time: < 1 minute Pratt & Whitney’s PurePower Geared Turbofan™ engines successfully completed its first test flight on the Airbus A321neo. The PW1135G-JM engine, a 35,000 thrust class engine, for the Airbus A321neo aircraft, is the most powerful engine on the A321neo. Pratt & Whitney is a United Technologies Corp. company. “The PurePower engine continues to meet commitments for […]