DOJ objects to sale

HARTFORD, Conn. -- The objection of the Justice Department prompted United Technologies and TransDigm Group Inc. to terminate the sale of the Goodrich Corp. pump and engine control systems business to TransDigm of Cleveland. Sale of the pump and engine control systems unit is one of the divestitures required as a condition of UTC's acquisition of Goodrich. UTC intends to comply with its obligation to sell this business to a buyer acceptable to the U.S. Department of Justice and European Commission. (Source: PRNewswire, 12/06/12) Note: Rocketdyne, a United Technologies company that is being sold to GenCorp, assembles and tests rockets at Stennis Space Center, Miss.