United Technologies

United Technologies Corporation
Company typePublic
NYSE: UTX
IndustryConglomerate
PredecessorUnited Aircraft
FoundedSeptember 26, 1934 (1934-09-26) (as United Aircraft Corporation)
May 1, 1975 (1975-05-01) (as United Technologies Corporation)
FounderFrederick Rentschler (for the United Aircraft line)
DefunctApril 3, 2020 (2020-04-03)
FateMerged with Raytheon to form RTX; Otis and Carrier spun off.
Successors
Headquarters
Farmington, Connecticut
,
United States[1]
Area served
Worldwide
Key people
RevenueUS$71.31 Billion (2019)
This article is about the defunct company prior to its merger with Raytheon Company. For the post-merger company, see RTX Corporation.

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. UTC was also a large military contractor, getting about 10% of its revenue from the U.S. government.[4][5] In April 2020, UTC merged with the Raytheon Company to form Raytheon Technologies, later renamed RTX Corporation.[6]

  1. ^ a b "Locations". utc.com. Archived from the original on February 5, 2016. Retrieved February 1, 2016.
  2. ^ Cite error: The named reference nordqvist 2014 was invoked but never defined (see the help page).
  3. ^ "UTC Names Gregory J. Hayes As President And Chief Executive Officer". CNN. November 24, 2014. Archived from the original on November 29, 2014. Retrieved November 24, 2014.
  4. ^ Ehrenfreund, Max (December 5, 2016). "CEO: United Tech. considered federal contracts in decision to keep Indiana jobs in deal with Trump". The Washington Post. Retrieved January 2, 2016. I also know that about 10 percent of our revenue comes from the U.S. government," [United Technologies chief executive Greg Hayes] said.
  5. ^ "CorpWatch : United Technologies". Archived from the original on July 4, 2015. Retrieved July 3, 2015.
  6. ^ "United Technologies and Raytheon Complete Merger of Equals Transaction". www.rtx.com (Press release). Raytheon Technologies. April 3, 2020. Retrieved April 3, 2020.