United Technologies Corporation (UTC)
United Technologies Corporation (UTC) is a multinational conglomerate headquartered in Hartford, Connecticut. UTC, through its subsidiary companies, has interests in a variety of high-tech industries. The company is part of the Dow Jones Industrial Average index. These industries include air conditioning (Carrier), aerospace systems and industrial products (Hamilton Sundstrand), elevators and escalators (Otis), aircraft engines (Pratt & Whitney), helicopters (Sikorsky), fire and security systems (UTC Fire and Security) and power fuels cells (UTC Power). UTC is also a major military contractor and is engaged in the research and development of missile and helicopter systems.
On 30-Mar-2020, Raytheon Company and United Technologies Corporation (UTC) announced they received the regulatory approvals for their all-stock merger of equals and expect to close the merger prior to the opening of trading on the New York Stock Exchange (NYSE) on 03-Apr-2020. Upon the closing of the merger, UTC will be renamed Raytheon Technologies Corporation.
Please refer to the Raytheon Technologies profile.
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