Wednesday, August 15, 2012
United Technologies will start taking bids soon on some Goodrich assets it has to sell as a condition of winning regulatory approval for its $16.5 billion takeover of Goodrich. UT closed its largest-ever acquisition last month, but has to sell assets like Goodrich's power generation and small-engine control units. Those assets could earn more than $500 million. The sale has attracted interest from rival aerospace companies. (Source: Reuters, 08/14/12) Previous. Gulf Coast note: The Goodrich Alabama Service Center in Foley, is now part of UT Aerospace Systems; the former UT-owned Rocketdyne, which has an operation at Stennis Space Center, Miss., is being sold to GenCorp.