Defunct American multinational conglomerate (1934-2020)
United Technologies Corporation
Company type
Public
Traded as
NYSE: UTX
Industry
Conglomerate
Predecessor
United Aircraft
Founded
September 26, 1934 (1934-09-26) (as United Aircraft Corporation) May 1, 1975 (1975-05-01) (as United Technologies Corporation)
Founder
Frederick Rentschler (for the United Aircraft line)
Defunct
April 3, 2020 (2020-04-03)
Fate
Merged with Raytheon to form RTX; Otis and Carrier spun off.
Successors
RTX Corporation
Otis Worldwide
Carrier Global
Headquarters
Farmington, Connecticut
,
United States[1]
Area served
Worldwide
Key people
Gregory J. Hayes
(President, Chairman and CEO)[2][3]
Revenue
US$71.31 Billion (2019)
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]
^ ab"Locations". utc.com. Archived from the original on February 5, 2016. Retrieved February 1, 2016.
^Cite error: The named reference nordqvist 2014 was invoked but never defined (see the help page).
^"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.
^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.
^"CorpWatch : United Technologies". Archived from the original on July 4, 2015. Retrieved July 3, 2015.
^"United Technologies and Raytheon Complete Merger of Equals Transaction". www.rtx.com (Press release). Raytheon Technologies. April 3, 2020. Retrieved April 3, 2020.
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