This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

UTC Aerospace Systems Celebrates First Year Anniversary

CHARLOTTE, N.C., July 30, 2013 /PRNewswire/ -- UTC Aerospace Systems recently celebrated its first anniversary, one year after United Technologies acquired Goodrich Corporation. UTC Aerospace Systems (UTAS) is a unit of United Technologies Corp. (NYSE: UTX).

"When we finalized the Goodrich acquisition last year we said it would be good for customers, shareholders and employees," said Mike Dumais, President of the Power, Controls & Sensing Systems segment of UTAS. "We are already seeing the benefits we can offer customers through our technology capabilities, increased scale, global footprint and complementary products."

Following the closing of the acquisition, UTC combined its Hamilton Sundstrand unit with Goodrich to form UTC Aerospace Systems.

"Our first year as UTC Aerospace Systems has been a tremendous success," said Curtis Reusser, President of the Aircraft Systems segment. "Our capability in multiple aircraft systems, our culture of innovation and our strong backlog of new business give us tremendous confidence in our ability to serve customers with the systems they need for more intelligent and more integrated aircraft."

UTC Aerospace Systems companies worldwide employ more than 40,000 people, with operations at more than 160 locations. UTC Aerospace Systems provides a comprehensive array of systems, components and support agreements serving a range of customers from original equipment manufacturers that build aircraft and helicopters, to engine manufacturers, and airlines, as well as defense agencies and contractors.

"In our first year we have seen our employees embrace change while keeping a strong focus on our customers and winning new business," said Cindy Egnotovich, President, Customer Service. "UTC Aerospace Systems has worked very hard to win the confidence of our customers and to deliver on our commitments."

UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs