United Technologies is among the world’s largest Aerospace and Defense sector businesses in the world. United Technologies’s employees generate $3.783B in profits on $49.150B of revenue. Global output in the Aerospace and Defense business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but United Technologies is determined to remain a market leader. Sectoral leadership in the Aerospace and Defense segment takes dedication and consistency, but management seeks out-sized growth.
United Technologies’s ticker symbol UTX has recently been trading near $72.07 a share. The United Technologies corporate headquarters in Hartford CT predicts Aerospace and Defense profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $71.669B ensures sufficient liquidity. With a beta of 0.73, the company is less volatile than the market as a whole. When the average equity moves lower, United Technologies moves less aggressively.
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