Last $119.85 USD
Change Today +0.66 / 0.56%
Volume 1.3M
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As of 12:41 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

united technologies corp (UTX) Snapshot

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04/22/14 - $120.66
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united technologies corp (UTX) Details

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs a range of passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services. The company’s UTC Climate, Controls, & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications. It also offers electronic security products, including intruder alarms, access control systems, and video surveillance systems; and monitoring, response, and security personnel services, as well as designs and manufactures a range of fire safety products comprising specialty hazard detection and fixed suppression products, portable fire extinguishers, fire detection and life safety systems, and other firefighting equipment. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation markets, as well as provides fleet management services for commercial engines; spare parts; and maintenance, repair, and overhaul services. The company’s UTC Aerospace Systems segment supplies aerospace products, including electric power generation, management and distribution systems, flight control systems, engine control systems, intelligence, surveillance and reconnaissance systems, engine components, environmental control systems, fire protection and detection systems, propeller systems, aircraft nacelles, and interior, actuation, landing and electronic systems; and aftermarket services. Its Sikorsky segment manufactures military and commercial helicopters, as well as provides aftermarket helicopter and aircraft parts and services. United Technologies Corporation was founded in 1934 and is based in Hartford, Connecticut.

212,400 Employees
Last Reported Date: 02/6/14
Founded in 1934

united technologies corp (UTX) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $5.2M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $2.0M
Chief Executive Officer of UTC Building & Ind...
Total Annual Compensation: $2.1M
Chief Executive Officer of UTC Propulsion & A...
Total Annual Compensation: $1.9M
Compensation as of Fiscal Year 2013.

united technologies corp (UTX) Key Developments

United Technologies Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Revised Earnings Guidance for the Year 2014

United Technologies Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net sales of $14,745 million compared to net sales of $14,399 million for the same period a year ago. Operating profit was $2,098 million compared to $2,006 million last year. Income from continuing operations before income taxes was $1,873 million compared to $1,770 million last year. Income from continuing operations was $1,306 million compared to $1,352 million last year. Income from continuing operations attributable to common shareowners was $1,213 million or $1.32 per diluted share from continuing operations compared to $1,270 million or $1.39 per diluted share from continuing operations last year. Net cash flows provided by operating activities of continuing operations was $1,335 million compared to $1,409 million last year. Capital expenditures was $333 million compared to $295 million last year. The company continues to target cash flow from operations less capital expenditures equal to net income attributable to common shareowners for the year. The company now expects earnings per share of $6.65 to $6.85, up from $6.55 to $6.85 previously.

UTC Aerospace Systems and AVIC Electromechanical Company Ltd. Open Joint Venture Facility in China

UTC Aerospace Systems and AVIC Electromechanical Company Ltd. reported they have opened their joint venture facility: Xi'an AVIC Hamilton Sundstrand Aviation Electric Co., Ltd. located within the Xi'an Hi-tech Industries Development Zone. The joint venture was formed to develop and manufacture the electric power system for the new C919 jetliner, built by Commercial Aviation Corp. of China. AUAE is a 50-50 joint venture established by UTC Aerospace Systems' Hamilton Sundstrand Holdings Inc. and AVIC EM's subsidiary Shaanxi Aero Electric Co., Ltd. to develop and manufacture electric power systems for COMAC's C919 as well as supply UTC Aerospace Systems equipment for the international market.

United Technologies Corp. to Report Q1, 2014 Results on Apr 22, 2014

United Technologies Corp. announced that they will report Q1, 2014 results at 9:00 AM, Eastern Standard Time on Apr 22, 2014


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