United Technologies Corporation
Industry: Conglomerates

United Technologies Corp., through its operating segments,manufactures, installs & services elevators and escalators;manufactures commercial & residential heating, ventilating & airconditioning systems; produces commercial, general aviation & military aircraft engines, and military & commercial helicopters; & supplies transport helicopters. Otis manufactures, sells & installs elevators, escalators, automated people movers & service. Carrier manufactures heating, ventilating & air conditioning systems & equipment, & commercial and transport refrigeration equipment. Pratt & Whitney produces aircraft engines, parts, industrial gas turbines & space propulsion. Flight Systems manufactures helicopters,& sells aircraft power generation and management systems, engine & flight controls, auxiliary power units,environmental control systems & propeller systems, air compressors, metering devices, fluid handling equipment & enclosed gear drives.

Business Summary
United Technologies Corporation (UTC) provides high-technology products and services to the building systems and aerospace industries through seven operating companies. Otis includes elevators, escalators and moving walkways and services. Carrier includes heating, ventilating and air-conditioning systems and equipment. UTC Fire & Security includes electronic security, fire detection and suppression, monitoring, rapid response systems and services, and security personnel services. Pratt & Whitney covers commercial, general aviation and military aircraft engines, parts and services, industrial gas turbines and space propulsion. Hamilton Sundstrand provides aerospace products and aftermarket services. Sikorsky offers commercial and military helicopters, aftermarket helicopter, and aircraft parts and services. UTC Power offers combined heat, cooling and power systems for commercial and industrial applications, and fuel cell systems for commercial transportation and space applications.

Financial Summary
For the nine months ended 30 September 2005, United Technology Corporation's revenues increased 14% to $31.46B. Net income increased 19% to $2.44B. Revenues reflect organic growth and contributions from the Linde commercial refrigeration and Kidde fire protection acquisitions. Net income also reflects operating profit increases at all segments, a decrease in restructuring and related charges, and a $105M gain on the Snecma investment.