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United Technologies

United Technologies provides technology products and services to building systems and aerospace industries. Read more

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Founded:

1934

Status:

PublicMerged with Raytheon Technologies CorporationNYSEUTX

UNITED TECHNOLOGIES TOP COMPETITORS OR ALTERNATIVES

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GE Aviation is perceived as one of United Technologies's biggest rivals. GE Aviation was founded in 1917 in Cincinnati, Ohio. GE Aviation is in the Aerospace field. GE Aviation generates $38.4B less revenue than United Technologies.

Honeywell is United Technologies's #2 rival. Honeywell is a Public company that was founded in 1906 in Charlotte, North Carolina. Honeywell competes in the Electrical Components & Equipment industry. Compared to United Technologies, Honeywell has 137,000 fewer employees.

Safran is one of United Technologies's top competitors. Safran's headquarters is in Paris, Île-de-France, and was founded in 1905. Like United Technologies, Safran also operates in the Aerospace industry. Safran generates 33% of United Technologies's revenue.

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United Technologies Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$60.5B

United Technologies's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 26.2B. Over the last four quarters, United Technologies's revenue has grown by 8.5%. Specifically, in Q1 2021's revenue was $15.3B; in Q4 2020, it was $16.4B; in Q3 2020, it was $14.7B; in Q2 2020, United Technologies's revenue was $14.1B.

United Technologies Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Raytheon Company

Jun 2019

Source »
undisclosed
Raytheon is an aerospace and defense company that designs and makes aircraft engines, weapons and cybersecurity solutions for civil, military and commercial customers.
S2 Security Corporation

Sep 2018

Source »
undisclosed
S2 Security offers IP-based security systems, access control, video surveillance and temperature monitoring solutions for commercial and residential buildings.
Predikto, Inc.

Aug 2018

Source »
undisclosed
Predikto is a provider of SaaS-based predictive analytics solutions for railroad and aviation industries.
Rockwell Collins Inc

Sep 2017

Source »
$30B
Rockwell Collins is a provider of avionics and information technology systems and services to governmental agencies and aircraft manufacturers.
Wipro Ecoenergy

Nov 2016

Source »
undisclosed
Wipro Ecoenergy provides retrofitting and energy management services for defense, retail and telecommunication industries.

These are all the companies that United Technologies has acquired. United Technologies has acquired 7 companies and its latest acquisition was Raytheon Company in Jun 2019. Raytheon is an aerospace and defense company that designs and makes aircraft engines, weapons and cybersecurity solutions for civil, military and commercial customers.

United Technologies Funding History

Since United Technologies was founded in 1934, it has participated in 1 round of funding. In total United Technologies has raised $71.5B. United Technologies' funding round was on Nov 2012 for a total of $71.5B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Unattributed
Nov 2012
$71.5B
-

Since United Technologies was founded in 1934, it has participated in 1 round of funding. In total United Technologies has raised $71.5B. United Technologies' funding round was on Nov 2012 for a total of $71.5B

United Technologies Investments

No recent investments found related to United Technologies

These are all the companies that United Technologies has invested in. United Technologies has invested 7 companies and its latest investment was Raytheon Company in Jun 2019. Raytheon is an aerospace and defense company that designs and makes aircraft engines, weapons and cybersecurity solutions for civil, military and commercial customers.

United Technologies News

May 5, 2020GovCon Wire

BAE's US Subsidiary Finalizes Airborne Radio Business Purchase; Dave Logan Quoted

BAE Systems Inc., the British contractor's U.S. subsidiary, has wrapped up its $275M acquisition of a... See more »
May 3, 2020Zolmax News

Raytheon Technologies (NYSE:RTX) vs. Heico (NYSE:HEI) Critical Contrast

Raytheon Technologies (NYSE:RTX) and Heico (NYSE:HEI) are both large-cap aerospace companies, but whi... See more »
April 30, 2020Zacks

United Technologies (RTX) Q1 Earnings Expected to Decline

United Technologies (RTX) doesn't possess the right combination of the two key ingredients for a like... See more »
April 20, 2020Zolmax News

Analysts Offer Predictions for United Technologies Corporation's Q1 2020 Earnings (NYSE:RTX)

United Technologies Corporation (NYSE:RTX) - Equities research analysts at Jefferies Financial Group ... See more »
April 18, 2020Zolmax News

United Technologies (NYSE:RTX) versus T.A.T. Technologies (NYSE:TATT)

United Technologies (NYSE:RTX) and T.A.T. Technologies (NASDAQ:TATT) are both aerospace companies, bu... See more »
April 13, 2020THE MARKETS DAILY

United Technologies (NYSE:RTX) versus Heico (NYSE:HEI.A)

Heico (NYSE:HEI.A) and United Technologies (NYSE:RTX) are both aerospace companies, but which is the ... See more »
April 7, 2020THE MARKETS DAILY

$1.55 EPS Expected for United Technologies Corporation (NYSE:RTX) This Quarter

Equities analysts expect United Technologies Corporation (NYSE:RTX) to post earnings of $1.55 per sha... See more »

United Technologies Press Releases

February 12, 2020Runway Girl Network

JAL expands 787 maintenance agreement with Collins

Collins Aerospace Systems, a unit of United Technologies Corp., today announced it has signed a five-... See more »
February 10, 2020PR Newswire

Carrier Presents Strategy for Growth as an Independent Company at Investor and Analyst Meeting

NEW YORK, Feb. 10, 2020 /PRNewswire/ -- Carrier, a leading provider of innovative heating, ventilatin... See more »
February 9, 2020Runway Girl Network

Ortberg to support Raytheon integration as special advisor

United Technologies Corp. today announced that Kelly Ortberg has been named special advisor to the Of... See more »
February 5, 2020Business Wire

Carrier Selects AWS as its Preferred Cloud Provider to Drive Digital Transformation

SEATTLE--(BUSINESS WIRE)--Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN... See more »
December 11, 2019centralcharts

United Technologies Appoints Members of the Board of Directors for Future Independent Carrier

United Technologies Appoints Members of the Board of Directors for Future Independent Carrier PR News... See more »
October 22, 2019PR Newswire

United Technologies Reports Third Quarter 2019 Results; Raises 2019 Adjusted EPS And Free Cash Flow Outlook

FARMINGTON, Conn., Oct. 22, 2019 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) reported third... See more »
June 28, 2019Business Wire

Third Point Sends Letter to United Technologies Corporation's Board of Directors

NEW YORK--(BUSINESS WIRE)--Third Point LLC ("Third Point") (LSE: TPOU), a global alternative investme... See more »

United Technologies Videos

April 10, 2019United Technologies Youtube Channel

"United Technologies Celebrates Volunteers Week" on YOUTUBE

February 28, 2019United Technologies Youtube Channel

"Engineers in Elevators: Episode 2" on YOUTUBE

December 4, 2018United Technologies Youtube Channel

"Aerospace Redefined" on YOUTUBE

October 17, 2018United Technologies Youtube Channel

"From service to civilian, we've got your next mission." on YOUTUBE

June 27, 2018United Technologies Youtube Channel

"Celebrating Engineers Week - 2018" on YOUTUBE

Social Media

United Technologies Headquarters

10 Farm Springs Road

Farmington, Connecticut06032

860-728-7000

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United Technologies Summary

ABOUT

Overview

United Technologies (NYSE, UTX) provides aerospace parts, equipment, and services. The company serves customers in the commercial aerospace, defense and building industries and is among the world's most respected and innovative companies. Formerly kno...

Website

utc.com

Frequently Asked Questions about United Technologies

  1. When was United Technologies founded?

    United Technologies was founded in 1934
  2. How much revenue does United Technologies generate?

    United Technologies generates $60.5B in revenue
  3. How much funding does United Technologies have?

    United Technologies has historically raised $71.5B in funding
  4. Where is United Technologies's headquarters?

    United Technologies's headquarters is in Farmington Connecticut, USA
  1. How many employees does United Technologies have?

    United Technologies has 240,000 employees
  2. What sector does United Technologies operate in?

    United Technologies is in Aerospace
  3. Who are United Technologies's competitors?

    United Technologies's top competitors are GE Aviation, Honeywell, Safran