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United Technologies Corporation
United Technologies Corporation (UTC) was an American multinational corporation, multinational list of conglomerates, conglomerate headquartered in Farmington, Connecticut. 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. UTC was also a large military contractor, getting about 10% of its revenue from the U.S. government. In April 2020, UTC merged with the Raytheon Company to form Raytheon Technologies, later renamed RTX Corporation. History Pre-1970s 1970s and 1980s In 1974, Harry Jack Gray left Litton Industries to become the CEO of United Aircraft.. He pursued a strategy of growth and diversification, changing the parent corporation's name to United Technologies Corporation (UTC) in 1975 to reflect the intent to diversify into numerous high tech fields beyond aerospace.. (The change became off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raytheon Company
Raytheon is a business unit of RTX Corporation and is a major List of United States defense contractors, U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with United Technologies, United Technologies Corporation to form Raytheon Technologies, which changed its name to RTX Corporation in July 2023. Raytheon was established in 1922, Incorporation (business), reincorporated in 1928, and adopted the Raytheon Company name in 1959. More than 90% of Raytheon's revenues were obtained from military contracts and, as of 2012, it was the fifth-largest military contractor in the world. , it was the third-largest List of United States defense contractors, defense contractor in the United States by defense revenue. It was the world's largest producer of guided missiles, and was involved in corporate and special-mission aircraft until early 2007. In 2018, the company had ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aircraft Engines
An aircraft engine, often referred to as an aero engine, is the power component of an aircraft Air propulsion, propulsion system. Aircraft using power components are referred to as powered flight. Most aircraft engines are either Reciprocating engine, piston engines or gas turbines, although a few have been Rocket-powered aircraft, rocket powered and in recent years many small UAVs have used electric motors. Manufacturing industry The largest manufacturer of turboprop engines for general aviation is Pratt & Whitney. General Electric announced in 2015 entrance into the market. Development history * 1903: Manly-Balzer engine sets standards for later radial engines. * 1910: Coandă-1910, an unsuccessful ducted fan aircraft exhibited at Paris Aero Salon, powered by a piston engine. The aircraft never flew, but a patent was filed for routing exhaust gases into the duct to augment thrust. * 1914: Auguste Rateau suggests using exhaust-powered compressor – a turbocharger – to imp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomson SA
Vantiva SA (formerly Technicolor SA, Thomson SARL, Thomson SA, and Thomson Multimedia) is a French multinational corporation that provides technology products and services for the communication, media and entertainment industries. Headquartered in Paris, Vantiva also maintains offices in Rennes (France), Beijing (China), Seoul (South Korea), Chennai (India), Edegem (a suburb of Antwerp, Belgium), Norcross (U.S), and Manaus (Brazil). The company was originally known as Thomas Multimedia and rebranded as Technicolor SA on January 27, 2010, adopting the name of its U.S. film technology subsidiary. In September 2022, Technicolor Creative Studios was spun off as a separate entity (now known as Technicolor Group), and the remaining company rebranded as Vantiva. Vantiva is organized into three divisions: * Connected Home: Manufactures broadband modems and Android TV set-top boxes * HomeSight: Offers remote care and monitoring services in clients’ homes. * Smart Spaces: Provid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gould Electronics
Gould Electronics Inc. was a manufacturer of electronics and batteries that branched into other fields before being partially absorbed in 1988 by Nippon Mining (now JX Holdings) and closed by them in 2014. The company had it's origins in several battery manufacturers who were consolidated in the period under the ownership of the National Battery Co. History Gould had its origin in a number of companies, including both the Gould Storage Battery Corporation (founded 1899) and the National Lead Battery Company (founded 1920 in Saint Paul, Minnesota). Gould Storage Battery had been founded by Charles A. Gould and was a 100% owned subsidary of his Gould Coupler Company based in Depew, New York. During the World War I the company along with Exide had manufactured batteries for US Navy submarines. During the 1920's they would pivot into producing batteries for the automotive industry. In 1928 the National Lead Battery company reincorporated in Delaware as the National Battery Co. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
White Knight (business)
In business, a white knight is a friendly investor that Takeover, acquires a corporation at a fair consideration with support from the corporation's board of directors and management. This may be during a period while it is facing a Hostile takeover, hostile acquisition from another potential acquirer (Black_knight#In_finance, black knight) or it is facing bankruptcy. White knights are preferred by the board of directors (when directors are acting in good faith with regards to the interest of the corporation and its shareholders) and/or management as in most cases as they do not replace the current board or management with a new board, whereas, in most cases, a black knight will seek to replace the current board of directors and/or management with its new board reflective of its net interest in the corporation's equity. The first type, the white knight, refers to the friendly acquirer of a target firm in a takeover#Hostile, hostile takeover attempt by another firm. The intent of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mostek
Mostek Corporation was a semiconductor integrated circuit manufacturer, founded in 1969 by L. J. Sevin, Louay E. Sharif, Richard L. Petritz and other ex-employees of Texas Instruments. At its peak in the late 1970s, Mostek held an 85% market share of the dynamic random-access memory (DRAM) memory chip market worldwide, until being eclipsed by lower-priced Japanese DRAM manufacturers who were accused of Dumping (pricing policy), dumping memory on the market. In 1979, soon after its market peak, Mostek was purchased by United Technologies Corporation for . In 1985, after several years of red ink and declining market share, UTC closed Mostek completely and sold it for to the French electronics firm Thomson-CSF, which later spun it off into STMicroelectronics. Early Products Mostek's first contract was from Burroughs Corporation, Burroughs, a $400 contract for circuit design. Initially Mostek products were manufactured in Worcester, Massachusetts in cooperation with Sprague Elect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carrier Corporation
Carrier Global Corporation is an American multinational heating, ventilation, and air conditioning (HVAC), refrigeration, and fire and security equipment corporation based in Palm Beach Gardens, Florida. Carrier was founded in 1915 as an independent company manufacturing and distributing HVAC systems, and has since expanded to include manufacturing commercial refrigeration and food service equipment, and fire and security technologies. it was a $20.4 billion company with over 52,000 employees serving customers in 160 countries on six continents. Carrier was acquired by United Technologies in 1979, but it was spun off as an independent company 41 years later in 2020, as was the Otis Elevator Company. History Willis Carrier, a mechanical engineer working for Buffalo Forge, is credited with inventing modern air conditioning in July 1902. In 1908, the Carrier Air Conditioner Company of America was created as a subsidiary of the Buffalo Forge Company, with Willis Carrier as i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Tech
High technology (high tech or high-tech), also known as advanced technology (advanced tech) or exotechnology, is technology that is at the state of the art, cutting edge: the highest form of technology available. It can be defined as either the most complex or the newest technology on the market. The opposite of high tech is ''low technology'', referring to simple, often traditional or mechanical technology; for example, a slide rule is a low-tech calculating device. When high tech becomes old, it becomes low tech, for example vacuum tube electronics. Further, high tech is related to the concept of mid-tech, that is a balance between the two opposite extreme qualities of low-tech and high tech. Mid-tech could be understood as an inclusive middle that combines the efficiency and versatility of digital/automated technology with low-tech's potential for autonomy and resilience. Startup company, Startups working on high technologies (or developing new high technologies) are sometime ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Litton Industries
Litton Industries, Inc., was an American defense contractor that specialized in shipbuilding, aerospace, electronic components, and information technology. The company was founded in 1953 and was named after inventor Charles Litton Sr., who was also an early investor in the company. During the 1960s, the company began acquiring many unrelated firms and became one of the largest conglomerates in the United States. At its peak, in addition to many defense-related companies, it also owned both Royal Typewriters and Adler, Moffat major appliances, Stouffer's frozen foods, and various office equipment and furniture companies. Like many conglomerates, the company suffered significant declines in the 1970s, selling off many of its unrelated brands and had largely returned to its defense roots by the 1980s. The company continued to shrink after the ending of the Cold War and by the late 1990s was a corporate takeover target. The company was purchased by Northrop Grumman in 2001. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harry Jack Gray
Harry Jack Gray (November 18, 1919 – July 8, 2009) was an American business manager and philanthropist, best known as CEO and chairman of United Technologies. He was born Harry Jack Grusin in Milledgeville Crossroads, Georgia. His mother, Bertha Grusin, died of cancer when he was six years old. He went to live with his older sister, Gussie, in Chicago, Illinois. His father's business failed when he was eight, and he financed his college education at the University of Illinois with multiple jobs that included washing dishes, waiting tables, and stoking a boarding-house furnace. He graduated with a journalism degree in 1941, and immediately joined the U.S. Army. His service included a year in the U.S. and three and a half years overseas during World War II. He received the Silver Star for valor in the Battle of the Bulge, and was discharged as a captain. Gray resumed his studies at U of I, completing a master's degree, with high honors, in 1947. He changed his last name to Gray ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security
Security is protection from, or resilience against, potential harm (or other unwanted coercion). Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, or any other entity or phenomenon vulnerable to unwanted change. Security mostly refers to protection from hostile forces, but it has a wide range of other senses: for example, as the absence of harm (e.g., freedom from want); as the presence of an essential good (e.g., food security); as resilience against potential damage or harm (e.g. secure foundations); as secrecy (e.g., a secure telephone line); as containment (e.g., a secure room or cell); and as a state of mind (e.g., emotional security). Security is both a feeling and a state of reality. One might feel secure when one is not actually so; or might feel insecure despite being safe. This distinction is usually not very clear to express in the English language. The term is also used to refer to acts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
