UTC Aerospace Systems, an operating unit of United Technologies Corporation UTX), provided systems and components for Sikorsky aircraft S-97 RAIDER, which recently marked its first flight at Sikorsky's West Palm Beach facility.
The supplied engine systems by UTC Aerospace Systems include flight control computer, cockpit interface unit, vibration control unit, propeller systems, navigation lights and many other components which enhance the aircraft operations. These new components and systems offer enhanced safety and improve efficiency by delivering new technologies in the areas of speed and intelligence, thereby boosting the safety and reliability of aircrafts. With the Raider aircraft's unmatched combination of speed and range, the aircraft is ideally positioned to provide essential mission-specific capabilities.
UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. With stiff competitive pressures in the aviation industry, UTC Aerospace Systems aims to address customer needs and build long-term relationships with clients by continually developing innovative state-of-the-art products.
United Technologies, the parent company of UTC Aerospace Systems, provides high-end technology products and services to building systems and aerospace industries worldwide. This diversified business conglomerate serves various end markets such as aerospace, defense and commercial construction. The business diversification allows the company to remain profitable during tough economic times.
United Technologies currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look include Rollins Inc ROL carrying a Zacks Rank #1 (Strong Buy), along with Hitachi Ltd HTHIY and Shanghai Industrial Holdings Limited SGHIY, both carrying a Zacks Rank #2 (Buy).
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