Sign In
Search
Business/Financial

UTC Delivers Strong Sales, Profits In Fourth Quarter, Full Year

Cal Biesecker By
SHARE:
UTC Delivers Strong Sales, Profits In Fourth Quarter, Full Year
Raytheon Technologies Chairman and CEO Greg Hayes. Photo: Raytheon Technologies

United Technologies Corp. [UTX] on Wednesday posted higher sales and earnings in the fourth quarter driven by strong organic growth at Pratt & Whitney and Collins Aerospace and strong operating profit in its climate control business. UTC’s earnings were also aided by a lower than expected tax rate in the fourth quarter. Net income in the quarter increased 73 percent to $686 million, 83 cents earnings per share (EPS), from $397 million (50 cents EPS) a year ago, driven primarily…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Army

AM General Details JLTV A2 Ramp Up To Full-Rate Production, 12-Month Shift In Fielding To Early ‘27

Navy/USMC

Navy Re-Issues RFI For Longer Anti-Radiation Missile

Defense Watch

Defense Watch: E-7 Challenges, T-AGS(X) RFI, Ukraine Biz News, Saronic Testing,

Air Force

USAF Point Defense Battle Lab Wants Performance Data On C-sUAS

Trending

Space Force Command Operationally Accepts Satellite Jammer
Duffey: F-47 “At the Cutting Edge of Technology” and Government, Industry Collaboration
Honeywell Aerospace Begins Trading On Nasdaq
PACAF Evaluating Boeing MQ-28 Ghost Bat In Valiant Shield
Trump Directive Wants Review Of Programs That Could Be Replaced By Drones

Congress Updates

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]

Congress

Bipartisan Group Of House Members Introduce U.S.-Ukrainian Co-Production Bill For Unmanned Systems

A bipartisan group of six House legislators have introduced the Strategic Unmanned Systems Partnership Act–a bill to improve drone collaboration between the U.S. and Ukraine. Rep. Michael McCaul (R-Texas), the […]

Space

Will $4 Billion For SB-AMTI/Space Data Network Backbone In Supplemental Reduce Or Add To Planned Funding For Systems In Reconciliation?

Nearly all of the Department of the Air Force’s fiscal 2027 procurement and research and development (R&D) budget for space-based air moving target indication (SB-AMTI) and the Space Data Network […]

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume