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UTX to Unveil New Products in Dubai

by Zacks Equity Research

January 22, 2013 | Comments : 0 Recommended this article: (0)

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UTC Aerospace Systems, a division of United Technologies Corp. ( UTX - Analyst Report ) , will exhibit its comprehensive customer support capabilities at the MRO Middle East trade exhibition in Dubai, United Arab Emirates.

MRO Middle East is an aviation maintenance exhibition. Scheduled at the Dubai World Trade Center, the exhibition would bring leading industry experts on the same platform to enable sharing of information on growth opportunities and management strategies to reduce costs and maximize efficiency.

UTC Aerospace Systems has an experienced customer service team in place, which delivers enhanced product reliability and reduced total life cycle costs. At the Dubai World Trade Center, it is likely to display the latest solutions in maintenance, repair, and overhaul (MRO), provisioning, and technical support. UTC Aerospace Systems will essentially focus on key issues and the challenges prevailing in the aviation industry.

Based in Hartford, Connecticut, United Technologies provides high-end technology products and services to the building systems and aerospace industries worldwide. The company is a diversified business conglomerate serving various end markets such as aerospace, defense and commercial construction. The business diversification allows the company to remain profitable amid tough economic times. However, the company needs to be wary of its competitors, which includes formidable names such as ITT Corporation ( ( ITT - Analyst Report ) and Federal Signal Corp ( FSS - Snapshot Report ) .

United Technologies is expected to release its fourth-quarter 2012 results on Jan 23, 2013. The Zacks Consensus Estimate for the company’s fourth quarter is currently pegged at $1.02 per share.

United Technologies currently has a Zacks Rank #3 (Hold). One of its competitors, Tyco International Ltd ( TYC - Analyst Report ) carries a Zacks Rank #2 (Buy).

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