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United Technologies Unit to Install TERPROM on ADF Aircraft
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UTC Aerospace Systems, a division of United Technologies Corp. , was recently chosen by Pilatus Aircraft Ltd (Switzerland) – a company which delivers world-class pilot training -- to equip the Australian Defense Force (ADF) PC-21 next generation training aircraft. Per the contract, the company will provide the ADF its terrain referenced navigation (TRN) system, TERPROM. The financial details of the contract have been kept under wraps.
The company’s TERPROM is a verified navigation solution which is currently in use across 14 nations in over 5,000 aircraft across the world. The TRN function offers accurate, drift-free navigation even when the GPS has been disallowed. The system utilizes on-board sensors and a fully loaded digital map. The TERPROM software provides reliable ground collision prevention and obstruction warning without electronic emissions. Overcoming unfavorable situations like poor visibility, a GPS denied environment or operations at low level, this device increases situational awareness, allowing pilots to effectively manage any mission.
The TERPROM software will be installed in all 49 ADF PC-21 aircraft, providing trainee crew with hassle free landing and functioning. UTC Aerospace Systems will also provide Pilatus with its simulator software for the ADF's ground-based training equipment.
The installation process is being carried out at UTC Aerospace Systems' Atlantic Inertial Systems Limited business in Plymouth, U.K.
UTC Aerospace Systems is one of the world’s largest suppliers of aerospace and defense products. The company has more than 6,000 customer service employees across 60 locations worldwide. UTC Aerospace Systems is also engaged in designing, manufacturing and servicing systems and components for various platforms such as commercial, regional, business and military aircraft, and helicopters. The aforesaid contract extension will thus augment the company’s goodwill in the market as well as trigger better revenue generation.
UTC’s parent company United Technologies currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include Koninklijke KPN N.V. (KKPNF - Free Report) , China Merchants Holdings (International) Company Limited (CMHHY - Free Report) and ExamWorks Group, Inc. . All three stocks carry a Zacks Rank #2 (Buy).
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United Technologies Unit to Install TERPROM on ADF Aircraft
UTC Aerospace Systems, a division of United Technologies Corp. , was recently chosen by Pilatus Aircraft Ltd (Switzerland) – a company which delivers world-class pilot training -- to equip the Australian Defense Force (ADF) PC-21 next generation training aircraft. Per the contract, the company will provide the ADF its terrain referenced navigation (TRN) system, TERPROM. The financial details of the contract have been kept under wraps.
The company’s TERPROM is a verified navigation solution which is currently in use across 14 nations in over 5,000 aircraft across the world. The TRN function offers accurate, drift-free navigation even when the GPS has been disallowed. The system utilizes on-board sensors and a fully loaded digital map. The TERPROM software provides reliable ground collision prevention and obstruction warning without electronic emissions. Overcoming unfavorable situations like poor visibility, a GPS denied environment or operations at low level, this device increases situational awareness, allowing pilots to effectively manage any mission.
The TERPROM software will be installed in all 49 ADF PC-21 aircraft, providing trainee crew with hassle free landing and functioning. UTC Aerospace Systems will also provide Pilatus with its simulator software for the ADF's ground-based training equipment.
The installation process is being carried out at UTC Aerospace Systems' Atlantic Inertial Systems Limited business in Plymouth, U.K.
UTD TECHS CORP Price
UTD TECHS CORP Price | UTD TECHS CORP Quote
UTC Aerospace Systems is one of the world’s largest suppliers of aerospace and defense products. The company has more than 6,000 customer service employees across 60 locations worldwide. UTC Aerospace Systems is also engaged in designing, manufacturing and servicing systems and components for various platforms such as commercial, regional, business and military aircraft, and helicopters. The aforesaid contract extension will thus augment the company’s goodwill in the market as well as trigger better revenue generation.
UTC’s parent company United Technologies currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include Koninklijke KPN N.V. (KKPNF - Free Report) , China Merchants Holdings (International) Company Limited (CMHHY - Free Report) and ExamWorks Group, Inc. . All three stocks carry a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>