AP News

United Technologies gets $335M Air Force contract

NEW YORK (AP) — The Defense Department said Friday that United Technologies Corp. received a $335 million contract with the Air Force.

United Technologies is receiving orders for the Air Force's Adaptive Engine Technology Development Program. Work is expected to be completed in October 2016.

Shares of United Technologies lost $1.24 to close at $77.99 amid a broad market decline.

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