sector: Industrials ·
industry: Aerospace & Defense ·
As of
24 Nov 2009
68.27USD
United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries. It has six segments: Otis, Carrier, UTC Fire & Security (UTC F&S), Pratt & Whitney, Hamilton Sundstrand and Sikorsky. Otis includes elevators, escalators, moving walkways and services. Carrier includes heating, ventilating, air conditioning and refrigeration systems and equipment, and food service equipment. UTC F&S offers electronic security, fire detection and suppression, monitoring and response systems and services, and security personnel services. Pratt & Whitney includes military aircraft engines, parts and services, industrial gas turbines and space propulsion. Hamilton Sundstrand includes aerospace products and aftermarket services. Sikorsky offers military and commercial helicopters, aftermarket helicopter, and aircraft parts and services. In October 2009, Carrier Corp sold its interest in Concepcion Carrier Air Conditioning (CCAC).
BRIEF: For the nine months ended 30 September 2009, United Technologies Corporation's revenues decreased 14% to $38.82B. Net income decreased 22% to $2.76B. Revenues reflect a decrease in income from product sales, lower revenue from service sales and decreased revenue from other income, net. Net income also reflects an increased interest expenses. United Technologies Corp., based in Hartford, Connecticut is a diversified company.
United Technologies Corporation
One Financial Plaza
Hartford CT 06103
P: +1860.7287000
F: +1860.7287028