HARTFORD, Conn.—United Technologies Corp. has announced it will separate its Connecticut-based Sikorsky Aircraft business as it exits the helicopter business.
The Hartford conglomerate says it will focus on high-technology systems and services to the aerospace and building industries. It says a decision on selling or spinning off Sikorsky will be made by the end of the third quarter.
United Technologies has previously said Sikorsky didn’t fit with plans for long-term growth.
The Associated Press
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