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UTC Completes Goodrich Deal

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CHARLOTTE, N.C., Aug. 14, 2012 — United Technologies Corp.'s acquisition of Goodrich Corp. is complete, strengthening UTC's position in the commercial aerospace industry.

The newly acquired company will be combined with Hamilton Sundstrand to create UTC Aerospace Systems, which will be based in Charlotte. Alain Bellemare was appointed president and CEO of UTC Propulsion & Aerospace Systems, effective immediately. He will be responsible for the UTC Aerospace Systems and Pratt & Whitney businesses.

Marshall Larsen, Goodrich’s former chairman and CEO, will join UTC’s board of directors in mid-September.

“The addition of Goodrich, along with our recent acquisition of a majority share in International Aero Engines, greatly advances our strategy of focusing on our core businesses and strengthens our position in the growing commercial aerospace market,” said Louis Chenevert, UTC chairman and CEO.

To read more about the acquisition, see: Goodrich Stockholders OK UTC Buyout 

For more information, visit:
Aug 2012
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
aerospaceAlain BellemareAmericasBusinessGoodrichHamilton SundstrandimagingLouis ChenevertMarshall LarsenNorth CarolinaphotonicsPratt & WhitneyUnited TechnologiesUTC Aerospace SystemsUTC Propulsion & Aerospace Systems

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