United Technologies Corp. Chief Executive Officer Louis Chenevert’s pursuit of Goodrich Corp. started in a conversation with CEO Marshall Larsen and ended with a celebratory dinner at a Manhattan hotel.
United Technologies Corp., the maker of fighter-jet engines and Black Hawk helicopters, will meet its 2013 profit forecast even as automatic cuts shrink U.S. military spending, its chief executive officer said.
United Technologies Corp. is on pace to top its $1 billion stock-buyback target for this year as Chief Executive Officer Louis Chenevert rewards investors after completing the largest aerospace takeover in history.
United Technologies Corp. agreed to buy Goodrich Corp. for $16.5 billion, adding a maker of aircraft landing gear and jet-turbine casings to take advantage of a record surge in commercial plane orders.
United Technologies Corp. agreed to sell its Hamilton Sundstrand industrial unit to Carlyle Group LP and BC Partners for $3.46 billion as the company raises cash to pay for aerospace supplier Goodrich Corp.