Carrier

Hamilton Sundstrand

Otis

Pratt & Whitney

Sikorsky

UTC Fire & Security

UTC Power

Carrier

Hamilton Sundstrand

Otis

Pratt & Whitney

Sikorsky

UTC Fire & Security

UTC Power

UTC Among World’s Most Respected Companies

UTC rose to 23rd on Barron’s annual listing of World’s Most Respected Companies. The listing is based on a survey of professional money managers regarding the world’s 100 largest companies by market capitalization. (Barron’s, 2/13)

Pratt & Whitney in Discussions with Airbus & Boeing on New A330 and 737 Engine

Boeing will decide this year whether to develop new engines for the 737 airliner, Chief Executive Officer Jim McNerney said. Pratt & Whitney and other engine makers have been in discussions with Boeing and Airbus for new engines on the 737 and A330. “We’d like to go to market at Airbus through IAE,” UTC Chief Financial Officer Greg Hayes said. “I think Airbus will do something, hopefully by the middle of this year. And Boeing’s probably a little bit behind that in terms of schedule.” (Bloomberg, 2/11; Dow Jones, 2/11; BusinessWeek, 2/11; Air Transport Intelligence News, 2/11)

UTC Increases Dividend

UTC's board of directors approved a 10.4 percent dividend increase, raising the first-quarter payout by 4 cents a share to 42.5 cents. “Despite weakness in the global economy, our focus on structural cost reduction, effective cash redeployment, and portfolio transformation has made UTC a stronger company than we were a year ago,” said Chairman & Chief Executive Officer Louis Chênevert. “This dividend increase demonstrates our confidence in UTC’s financial strength and in our ability to continue to deliver outstanding performance in 2010 and beyond." (Dow Jones, 2/8; Bloomberg, 2/8; MarketWatch, 2/8; Reuters, 2/8; Wall St. Journal, 2/10; UTC Press Release, 2/8)

Sikorsky S-92 Selected for UK Search & Rescue Efforts

Sikorsky S-92 helicopters are expected to be deployed in the U.K. as the government announced selection of the Soteria Consortium as the preferred bidder to provide search and rescue helicopter service. Sikorsky Aircraft, which manufactures the S-92, is a member of the Soteria team, along with CHC, Thales and the Royal Bank of Scotland. UK authorities anticipate replacing the nation’s currently fleet, mostly Sea Kings, with at least 24 S-92 helicopters. (Financial Times, 2/10; Daily Telegraph [UK], 2/10; Hartford Courant, 2/10; Vancouver Sun, 2/9; Jane’s Defense 2/10; FlightGlobal.com, 2/10; Reuters, 2/9; Defense News.com, 2/9; The Engineer, 2/9; Daily Mail [UK], 2/9; Sikorsky Press Release, 2/9)

Toshiba Carrier to Sell Residential Units in the U.S.

Toshiba Carrier will sell energy-efficient Japanese-made air conditioning systems in the U.S. from the end of 2010 to help it break the $1 billion sales mark worldwide. "At the moment, in the U.S. they use big central systems but we expect our energy-efficient more decentralized systems to find a good reception there," said Akira Inoue, managing officer of the joint venture between Toshiba and Carrier. (Reuters, 2/9)

Pratt & Whitney Delivered First F-35 Production Engine

Pratt & Whitney transferred its first production-line F-35 fighter engine to the government, which expects to buy nearly 2,500 aircraft over the next 25 years. (Hartford Courant, 2/6)

PW1000G Engine Would Deliver Fuel Economy on Boeing 737

Pratt & Whitney's PW1000G engine can be installed on the Boeing 737 and will achieve a double-digit fuel burn improvement, according to Pratt & Whitney Senior Vice President of Sales Bob Keady. (ATW Online, 2/5)

Pratt & Whitney PW4170 Engines to Power Hong Kong Airlines A330-200s

Pratt & Whitney announced that Hong Kong Airlines selected the PW4170 Advantage 70 to power the six A330-200s it ordered last week at the Singapore Airshow. (ATW Online, 2/5)

Sikorsky to Develop Unmanned BLACK HAWK

Sikorsky plans to develop an unmanned version of the BLACK HAWK, the piloted-version of which entered service in 1978 and now comes in several variations. (Hartford Courant, 2/3; The Telegraph [UK], 2/2)

UTC Power Fuel Cell to Power California Whole Foods Store

Whole Foods Market will power a new store in San Jose, Calif. with a UTC Power fuel cell. The store will be the first in California – and the third Whole Foods Market – to generate most of its power with a fuel cell. (Renewable Energy Focus, 2/1; Today’s Energy Solutions, 2/1; FoodBizDaily, 2/1)

Sikorsky Creates CH-53K Technology Center

Sikorsky unveiled its new, $20 million CH-53K Precision Components Technology Center Jan. 22, ushering in a new era for the company and the U.S. Marine Corps heavy-lift helicopter it is building. (AviationWeek.com, 1/29)

UTC Power Fuel Cell Stack Sets Transit Record

A UTC Power fuel cell system on an Oakland, Calif., transit bus surpassed 5,000 hours with no change of stacks and endured “a very tough bus day-to-day-duty cycle,” said UTC Power Vice President Ken Stewart. (Fleets & Fuels, 1/25)

Price Chopper to Power New York Store with UTC Power Fuel Cell

Price Chopper’s concept store in upstate New York will supply its own power on-site using the same UTC Power fuel cell technology that will be installed at the World Trade Center towers site. (Progressive Grocer, 1/21)

BLACK HAWK Helicopters Continue in Popularity

Sikorsky’s BLACK HAWK helicopter is enjoying renewed popularity among the U.S. Army and Navy as well as growing interest from foreign customers. (Aviation Week, 9/3)

Fenwal Announces Breakthrough Suppression System

Fenwal, a UTC Fire & Security company, introduced a breakthrough suppression system that can respond to the initial shock wave from an industrial explosion within 0.06 seconds. (NYSE Magazine)

Leadership

"By working together and integrating the technologies used in buildings, we can optimize them to reduce energy consumption and improve safety."

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Louis R. Chênevert

President & CEO

"Buildings account for 38 percent of the world’s energy use, the largest category and half again more than all transportation combined. Substantial and attractive investments to reduce energy consumption and therefore carbon footprint are available now and more so prospectively."

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George David

Retired Chairman

"At UTC, we recognize the fiscal challenge facing our nation."

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Louis R. Chênevert

President & CEO

"I am pleased to share my thoughts about the need and opportunity to invest in basic research in building systems science to dramatically reduce the energy consumed and carbon emitted by buildings."

Dr. J. Michael McQuade

Senior Vice President, Science and Technology

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"Our experienced management team, strong balance sheet and focus on operational excellence allow us to see opportunities in these challenging times."

Louis R. Chênevert

President & CEO

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"Everything done today can be done better tomorrow. This is the belief that guides our product innovations, as well as energy reduction in our own facilities."

Sandy Diehl

Vice President, Integrated Building Systems

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"We're a company built on innovation and this principle dates back to our founders."

Dr. J. Michael McQuade

Senior Vice President, Science and Technology

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"Middletown, Connecticut is special because it is where we assemble the most advanced military engines in the world…"

Louis R. Chênevert

President & CEO

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"Business ethics contributes to the bottom line. It goes beyond the avoidance of fines and penalties, and it goes beyond protection of the company’s reputation. Strong ethics creates a more engaged work force which generates increased customer satisfaction."

Michael A. Monts

Vice President, Business Practices

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"I'm proud to lead a company that has a tremendous history of supporting the community."

Louis R. Chênevert

President & CEO

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"Our products are diverse, but the common denominator of every single thing we do is to convert energy to useful work, whether elevators or air conditioning or aerospace."

Dr. J. Michael McQuade

Senior Vice President, Science and Technology

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"We continue to build facilities, invest in employees in their local communities and cultivate customer relationships in the world's fastest growing markets."

Louis R. Chênevert

President & CEO

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Executive Speeches

Sustaining Performance

United Technologies Corporation Annual Report

2009 Financial and Corporate Responsibility Performance

UTC named to Dow Jones Sustainability Indexes for 11th consecutive year

Indexes identify sustainability leaders across industries

Carrier increases energy efficiency at Hartford Hospital

Carrier recently completed the third phase of energy projects for Hartford Hospital.

EMSI consults on first LEED® Gold restaurant in Washington, DC

Environmental Market Solutions, Inc. (EMSI), an environmental and green building consulting company, provided sustainable design and Leadership in Energy and Environmental Design (LEED) certification consulting to Founding Farmers, the first upscale-casual, full-service restaurant to be awarded LEED for Commercial Interiors (LEED CI) Gold Certification by the U.S. Green Building Council (USGBC).

Carrier contributes to an energy efficient Shanghai 2010 World Expo

Three of the Expo’s five permanent venues -- Expo Boulevard, World Expo Center, and Theme Pavilions -- have selected Carrier’s high performance building solutions.

Building sector must change to meet global energy targets

In a new study sponsored by UTC and Lafarge, The World Business Council for Sustainable Development (WBCSD) demonstrates how to achieve a 60 percent reduction in the energy use of buildings by 2050 to help meet global climate change targets.

2008 Annual and Corporate Responsibility Report

United Technologies Corp. has become the first among the 30 members of the Dow Jones Industrial Average to publish a fully integrated annual and corporate responsibility report– determined to do “more with less”.

UTC Fire & Security calls for carbon monoxide (CO) safety legislation

Committed to protecting families from CO, also known as the “silent killer,” the company is calling for legislation in all 50 states.

Otis recognized for energy-saving technologies and environmental commitment

The Chinese Ministry of Housing and Urban-Rural Construction recognized Otis with two prestigious environmental awards for the company’s energy-saving Gen2® elevators, ReGen™ drives and TEDA manufacturing center.