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United Technologies owns Carrier heating and air conditioning, Otis elevators, Pratt & Whitney aircraft engines, Sikorsky helicopters, and more.
UTC Aerospace Achieves Milestone By: Zacks Equity ResearchOctober 09, 2012UTC Aerospace Systems, part of the United Technologies Corp. (UTX) has achieved a milestone by delivering its 100th Cabin Air Conditioning and Temperature Control System (CACTCS) pack for the Boeing 787 Dreamliner. The CACTCS pack is a part of the Environmental Control System, which primarily facilitates entire airplane thermal management. Its primary functions include control of cabin temperature, free flow of fresh air, pressure control within the cabin, basic heating and cooling, galley cooling along with the management of temperature control of cargo and crew rest compartments. Based on the achievement of this milestone, management at UTC Aerospace systems said that it is well positioned to fully support Boeing’s organized and efficient ramp-up rate. Apart from the Environmental Control Systems, UTC Aerospace Systems also provides multiple critical systems for the Boeing 787 Dreamliner. The solutions delivered by UTC include; nitrogen generation, electrical power generation and starting, remote power distribution; primary power distribution; ram air turbine; electric motor pumps; fire detection and suppression; electro-mechanical brakes; thrust reversers; proximity sensing; cargo handling; exterior and flight deck lighting; fuel quantity indicators and fuel management software. UTC Aerospace Systems primarily designs and manufactures integrated systems and components for the aerospace and defense industries. Its primarily competes with Precision Castparts Inc. (PCP), which is also one of the primarily suppliers for the Boeing 787 Dreamliner. Precision is the primary supplier of engines for the jet that are more fuel efficient, provide more power while at the same times less noisy compared to the previous engines. In addition to engines, Precision also supplies engine hot section, fasteners and landing gear parts. Headquartered in Hartford, Connecticut, United Technologies Corp is a high-end technology products and services provider to the building systems and aerospace industries worldwide. United Technologies currently has a Zacks #4 Rank implying a short-term Sell rating on the stock.http://register.zacks.com/ucd/step1.php?ALERT=FOOL_ZER&d_alert=ZER_CONF&t=utx&ADID=FOOL_ZERFEED
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