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Seeking a Spark, United Technologies Puts Sikorsky On the Block

2015-03-12 16:41:07| Paper - Topix.net

The unit manufactures helicopters and other fixed-wing aircraft, generating about two-thirds of its $7.5 billion in annual sales from defense. The announcement comes just months after the UTC board's November decision to push CEO Louis Chenevert into retirement, replacing him with chief financial officer Greg Hayes.

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