United Technologies to record $870 mln in pre-tax charge in Q4
Jan 6 (Reuters) - United Technologies Corp said its Pratt & Whitney unit, which makes aircraft engines, recorded a pre-tax charge of about $870 million in the fourth quarter of 2015.
The charge is related to a series of amendments to certain research and development support arrangements the company had previously entered into with Canadian federal and provincial government agencies, UTC said in a regulatory filing on Wednesday. (Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)
© Thomson Reuters 2016 All rights reserved.