Top 10 Defence Companies

Top 10 Defence Companies: United Technologies #10

Defence IQ Press
Posted: 06/11/2013

Bringing up the rear of the top 10 largest defence companies is United Technologies.

United Technologies is a huge conglomerate with a diverse portfolio of companies and operates in many sectors. In 2011, the defence company’s military sales accounted for 20% of total sales, which are mainly derived from missile systems and military helicopters, including the UH-60 Black Hawk helicopter.

Based in Hartford, Connecticut, UTC’s primary defence businesses include the engine maker Pratt & Whitney, helicopter manufacturer Sikorsky Aircraft, and the recently formed UTC Aerospace Systems.

The company has its roots as the United Aircraft Corporation , which manufactured aircraft from 1934. It later became United Technologies Corporation in 1975.

Here are some stats and facts based on the most recent financial data:

Country USA

Arms sales (US$ m.) 11,640

Total sales (US$ m.) 58,190

Total profit (US$ m.) 5,347

Total employed 199,900

Ticker symbol NYSE: UTX

CEO Louis R. Chënevert

Website http://www.utc.com/

Based on data from the Stockholm International Peace Research Institute (SIPRI)

<< Number 9

Defence IQ Press
Posted: 06/11/2013

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