United Technologies Wins $183 Million Saudi Defense Contract

The Department of Defense awarded seven new defense contracts Friday, worth $591.3 million in total. United Technologies didn't win the biggest contract - but it did win the second biggest. More precisely, it was UTC subsidiary Goodrich Corp which won the day's second biggest contract, a $183 million firm-fixed-price contract action of as-yet indeterminate scope, to perform in-country setup and installation of ground stations for the Royal Saudi Air Force's DB110.

See the full article at dailyfinance.com