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By Joey Roulette. WASHINGTON (Reuters) - U.S. space startups have slashed workforces and restructured operations to survive amid an investment drought that has grounded once-lofty aspirations.
Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
UTC Aerospace Systems (UTAS) was one of the world’s largest suppliers of aerospace and defense products, headquartered in Charlotte, North Carolina, United States. The company was formed in August 2012 when parent United Technologies Corporation merged their existing subsidiary Hamilton Sundstrand with the newly-acquired Goodrich Corporation .
Collins Aerospace was the owner of Ithaco Space Systems, Inc., formerly owned by Goodrich Company and its successor UTC Aerospace Systems. In September 2020, Raytheon Technologies Corp. (NYSE: RTX) completes the sale of its electro-optics technology business headquartered in Danbury, Connecticut to AMERGINT Technologies Holdings, Inc. (ATH).
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] 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.
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
Hamilton Sundstrand space suit, on exhibit at the New England Air Museum. Hamilton Sundstrand was the prime contractor for NASA’s space suit/Primary Life Support System and produced environmental control, life support, mechanical systems, and thermal control systems for international space programs.
Northrop took a hit this year when the U.S. Space Force canceled a multibillion-dollar program to build a new military communications satellite because of rising costs and delays in its ...