UNITED TECHNOLOGIES WILL EXPAND
United Technologies will buy a manufacturer of aircraft parts, Rockwell Collins. One of the world’s largest suppliers of components for civilian and military aircraft will emerge. The agreed price is 30 billion dollars. United Technologies manufactures Pratt and Whitney aircraft engines. But also Carrier air conditioning or Otis lifts. The company will pay 140 dollars for one share of Rockwell Collins. It will partly pay in cash and partly in shares. The total price, 30 billion dollars, also includes debt of Rockwell Collins. The new division should be named Collins Aerospace Systems. United Technologies supplies aircraft engines to Airbus, Bombardier and Embraer, as well as fighters F35 to company Lockheed Martin. But it also has important components such as landing gears, air conditioning systems or engine covers. Rockwell Collins is a major supplier of aircraft electronics for Boeing, Airbus and other manufacturers. This year’s production has expanded to seats, airplane interiors, kitchens and toilets.
CHINESE FIGHTERS HAVE ENDANGER AMERICAN OBSERVATION AIRCRAFT
China has made it clear that US observing machines flying around their airspace boarders are simply not welcome. At least according to two sources from the US Air Force who
AIRCRAFT CRASHED, 7 PEOPLE DID NOT SURVIVE
7 people did not survive the crash of a small plane that hit a hill when passing through bad weather and collapsed into a valley in west Mexico. All people
A billion dollars - for most of us, absolutely unimaginable amount - for several percent of the richest, it’s an amount they handle daily. One billion dollars is, for example,