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June 18, 2007

UTC: Paris deals could top $4B

Speaking at the Paris Air Show in France, Louis Chenevert, president and COO of United Technologies, said his company's aerospace units -- namely Pratt & Whitney, Sikorsky, and Hamilton Sundstrand -- expect to announce more than 30 new deals worth a combined $4 billion over the course of the week-long air show, the world's largest. Chenevert's remarks came during a discussion of his outlook for the aerospace industry. One of the deals announced this morning included the delivery of three Sikorsky-made UH-60L "Black Hawk" helicopters to Jordan.

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