Aerospace giant Boeing (NYSE: BA) has selected UTC Aerospace -- a division of United Technologies (NYSE: UTX) -- as its partner to develop actuation technology for future U.S. Air Force aircraft, according to a press release today from UTC.
UTC will engage in research and development for the Air Force's Integrated Vehicle Energy Technology (INVENT) program in order to design technology to improve energy, thermal, and power management. The company's president of Actuation Systems, Mike Gardiner, was quoted as saying: "Our experience and expertise developing advanced, reliable, power-optimized actuation systems brings a unique capability to Boeing and the U.S. Air Force."
It's the latest collaboration between the two companies. UTC Aerospace had formerly paired with Boeing to deliver systems for the latter's 787 Dreamliner passenger aircraft.