United Technologies

United Technologies Corporation
Company typePublic
NYSE: UTX
IndustryConglomerate
PredecessorUnited Aircraft
FoundedSeptember 26, 1934 (1934-09-26) (as United Aircraft Corporation)
May 1, 1975 (1975-05-01) (as United Technologies Corporation)
FounderFrederick Rentschler (for the United Aircraft line)
DefunctApril 3, 2020 (2020-04-03)
FateMerged with Raytheon to form RTX; Otis and Carrier spun off.
Successors
Headquarters,
United States
Area served
Worldwide
Key people
RevenueUS$71.31 Billion (2019)

United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others. UTC was also a large military contractor, getting about 10% of its revenue from the U.S. government. In April 2020, UTC merged with the Raytheon Company to form Raytheon Technologies, later renamed RTX Corporation.