UTX Executive Felicitated for Contribution to Aviation - Analyst Blog

Pratt & Whitney, a unit of diversified conglomerate United Technologies Corp (UTX), recently announced that its former vice president of Commercial Engine Development Programs Robert Saia was presented the silver medal by the Royal Aeronautical Society (Raes) for his contributions to the Aviation industry.

Robert Saia was on the forefront as leader of the team that developed Pratt & Whitney's PurePower Geared TurboFan (GTF) engine family. The GTF engines have been one of the most important developments in the aviation industry as it reduced fuel consumption by up to 16%, regulated emissions by up to 50% and airport community noise by 75%.

To date, Pratt & Whitney launched six PurePower Geared TurboFan (GTF) engine models for 12 different aircraft models and has received over 6,000 PurePower engine orders and commitments. These consecutive engine roll-outs further justify Pratt & Whitney's technological capabilities and commitment to deliver exceptional customer value.

Pratt & Whitney is among the world's leading suppliers of aircraft engines for the commercial, military, business jet and general aviation markets. Pratt & Whitney's Global Services provide maintenance, repair and overhaul services, including the sale of spare parts, as well as fleet management services for large commercial engines.

Based in Hartford, CT, its parent firm 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 United Technologies to remain profitable amid a challenging macroeconomic environment.

United Technologies currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look include Federal Signal Corp (FSS) carrying a Zacks Rank #1 (Strong Buy), and Carlisle Companies Incorporated (CSL) and EnPro Industries, Inc. (NPO), both carrying 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
 
UTD TECHS CORP (UTX): Free Stock Analysis Report
 
CARLISLE COS IN (CSL): Free Stock Analysis Report
 
FED SIGNAL CP (FSS): Free Stock Analysis Report
 
ENPRO INDUS INC (NPO): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research