UTX News and Press, Raytheon Technologies From 01/21/20

FARMINGTON, Conn. , Jan. 21, 2020 /PRNewswire/ -- Otis Worldwide Corporation (Otis) will broadcast its pre-spin investor and analyst meeting, hosted by Otis President & CEO Judy Marks , on Tuesday, February 11 , 2020. The meeting is scheduled to begin at 9:00 a.m. ET . It wi...

Looking to expand its U.S. electronic systems business, BAE Systems ( OTCPK:BAESY ) has agreed to buy Collins Aerospace's (NYSE: UTX ) Military Global Positioning System for $1.925B in cash, as well as Raytheon's (NYSE: RTN ) Airborne Tactical Radios division for $275M. More news on: BAE S...

The year 2019 proved to be exceptionally good for stocks. The broader market, as represented by the S&P 500, gained more than 30%, though the gains were built from the bottom of nearly 19% correction during the last quarter of 2018. Our Passive DGI-Core portfolio nearly matched the overa...

WESTBOROUGH, Mass. , Jan. 17, 2020 /PRNewswire/ --   NORESCO , a national leader in energy efficiency, resiliency and infrastructure solutions, has been awarded an energy savings performance contract (ESPC) to implement 10 megawatts of onsite power generation at Kadena Air Base in...

WINDSOR LOCKS, Conn. , Jan. 15, 2020 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), has signed a contract with Lockheed Martin to provide critical subsystems to support production of NASA's Orion spacecraft fleet for Artemis missions III t...

Boeing (BA) has received its fair bit of criticism over the past year. While not all criticism that Boeing receives from readers but also from the media makes an informed impression, it cannot be denied that Boeing made mistakes... big mistakes. The industry works in such a way that incidents,...

Yes, I've been away from Seeking Alpha for a few months. I've been busy trying to get my own blog up to speed. I hope to be back on Seeking Alpha at least 2-4 times per month. I certainly have several ongoing research projects that I need to update for Seeking Alpha readers and followers. A...

Shares in space, intelligence, and defense company Raytheon (NYSE: RTN) soared 43.3% in 2019, according to data provided by S&P Global Market Intelligence . Besides excellent execution by the company, the market has warmed to the idea of the upcoming merger with the aerospace business...

Shares in industrial conglomerate United Technologies (NYSE: UTX) rose 40.6% in 2019, according to data provided by S&P Global Market Intelligence . There are two reasons for the increase: operational performance and the announcement of a deal to merge the aerospace business (Pratt &...

It's a brand new year, and boy, does 2020 have some big shoes to fill. Last year, we witnessed the benchmark  S&P 500   (SNPINDEX: ^GSPC) gallop higher by nearly 29%, which is quadruple the historic average annual return of the stock market, inclusive of dividend reinvestment and ...