United Technologies Divests Pratt & Whitney Power Systems to Mitsubishi Heavy Industries
United Technologies Corp. (NYSE: UTX) has announced that it has completed the divestiture of its Pratt & Whitney Power Systems unit to Mitsubishi Heavy Industries (MHI). Terms of the agreement were not disclosed. Divesting Power Systems allows UTC to focus on its core aerospace and commercial businesses. Pratt & Whitney has entered into a long-term […]