About UTC

About UTC


United Technologies Corporation (UTC), based in Hartford, Conn., USA, is a diversified Dow Jones industrial component that serves the commercial building and aerospace industries. In addition to UTC Fire & Security, its business units include Carrier air conditioning and refrigeration, Otis elevators and escalators, UTC Power fuel cells, Pratt & Whitney aircraft engines, Hamilton Sundstrand aerospace and industrial systems, and Sikorsky helicopters. The United Technologies Research Center supports all business units.

RANKINGS

  • 18th largest U.S. manufacturer (2009 list, Industry Week)
  • 37th largest U.S. corporation (2009 list, Fortune)
  • 61st largest publicly held manufacturer in the world (2009 list, Industry Week)
  • Named No. 1 "Most Admired" aerospace and defense company (Fortune, March 2009)
  • Named to Forbes Platinum 400 list of Best Managed Big Companies in America, every year since 1999 (Forbes, 2008)
  • Named a "Global 100" most sustainable corporation in the world by Corporate Knights, Inc. (2005-2009 lists)
  • Named to the Dow Jones Sustainability Indexes for 11 straight years (1999-2009)

EMPLOYMENT

  • 206,700 employees (2009)
  • 65% of employees are based outside the U.S.

 

REVENUES
$52.9 billion (2009)

SALES TO U.S. GOVERNMENT
$9.3 billion (2009)

BUSINESS BALANCE
(REVENUES – 2009)

  • Commercial and industrial: 58%
  • Military aerospace and space: 21%
  • Commercial aerospace: 21%

INTERNATIONAL REVENUES
60% of total revenues (2009)

INTERNATIONAL PRESENCE
More than 4,000 locations in approximately
71 countries; UTC does business in approximately 180 countries.

NET INCOME
$3.8 billion (2009)

CASH FLOW
$5.4 billion (2009)

RESEARCH & DEVELOPMENT
Company funded: $1.6 billion (2009)
Customer funded: $2.1 billion (2009)

CAPITAL EXPENDITURES
$826 million (2009)

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