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Rocketdyne became part of Boeing's Defense division. In February 2005, Boeing reached an agreement to sell what was by then referred to as "Rocketdyne Propulsion & Power" to Pratt & Whitney of United Technologies Corporation. The transaction was completed on August 2, 2005. [4] Boeing retained ownership of Rocketdyne's Santa Susana Field Lab.
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others.
The news comes days after Boeing reported third-quarter results that showed a $6 billion loss as its commercial aircraft unit has been hobbled by a strike that continues to drag on, with workers ...
RTX Corporation, formerly Raytheon Technologies Corporation, [3] [4] is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia.It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services.
Boeing had cash and marketable securities of $10.50 billion as of Sept. 30. It has $11.5 billion of debt maturing through Feb. 1, 2026, and is committed to issuing $4.7 billion of its shares to ...
Boeing has racked up losses of nearly $8 billion for the current year, after the strike halted production of its 737 MAX, 777 and 767 planes and an ailing defense and space division hammer its ...