UTC Aerospace Systems marks two-year anniversary

CHARLOTTE, NC, July 26, 2014 – UTC Aerospace Systems today celebrates the second anniversary of its founding, following United Technologies’ acquisition of Goodrich Corporation in July 2012.  UTC Aerospace Systems (UTAS) is a unit of United Technologies Corp. (NYSE: UTX).

“We’re very proud that we completely transformed the business while maintaining a laser focus on our customers,” said Mike Dumais, President of the Power, Controls & Sensing Systems segment of UTAS. “The company has aggressively deployed our ACE operating system across the business to drive more efficiencies in our operations and we’ve yielded cost synergies that have exceeded expectations.”

Following the completion of the acquisition, UTC combined its Hamilton Sundstrand unit with Goodrich to form UTC Aerospace Systems.

 “Since coming together as one company, our goal has been to add more value to our employees, our customers and our shareholders,” said Dave Gitlin, President of the Aircraft Systems segment. “Our solid backlog of business, key wins on new aircraft platforms and the total commitment of our employees, gives us great confidence for the future.”

UTC Aerospace Systems employs more than 40,000 people worldwide, with operations at more than 150 locations. The company posted sales of $13.3 billion in 2013.

UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities.

United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries.

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