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United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others.
A wholly owned subsidiary of United Technologies Corporation, UTC Climate, Controls & Security was a $16.7 billion company with 55,000 employees serving customers in more than 180 countries. [ 5 ] In 2020, United Technologies spun off this subsidiary into the independent Carrier Global Corporation .
Hamilton Sundstrand was an American globally active corporation that manufactured and supported aerospace and industrial products for worldwide markets. A subsidiary of United Technologies Corporation, it was headquartered in Windsor Locks, Connecticut. The company was formed from the merger of Hamilton Standard and Sundstrand Corporation in 1999
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As of 2015, it was the third-largest defense contractor in the United States by defense revenue. [5] It was the world's largest producer of guided missiles, and was involved in corporate and special-mission aircraft until early 2007. [6] In 2018, the company had around 67,000 employees worldwide and annual revenues of about US$25.35 billion. [7]
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United Technologies (UTX) gains from strengthening segments and Rockwell Collins buyout. Split into three businesses, if approved, will be a boon too. High costs and forex woes create headwinds.
The Donald R. Beall Advanced Technology Center is a research and development center within Rockwell Collins that focuses on creating, identifying, and maturing technologies targeted at driving business growth. It maintains a portfolio that balances short-term deliverables focused on core and adjacent markets, with technologies for long-term growth.