Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  United Technologies Corporation    UTX

UNITED TECHNOLOGIES CORPORATION

(UTX)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

United Technologies : Forms Strategic Partnership with Girls Who Code

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/12/2019 | 01:56pm EST

New York, New York (February 12, 2019) -United Technologies Corp., a leader in aerospace and building technologies, announced a strategic partnership with Girls Who Code as part of a comprehensive effort to help address the under-representation of women and minorities in the technology sector.

The partnership involves financial support, professional mentoring and the hosting of select Girls Who Code programs at UTC facilities. Considered one of the most significant Girls Who Code corporate partnerships to-date, UTC's commitment is expected to help drive the expansion of Girls Who Code Clubs, Summer Immersion Programs, College Loops, and the organization's international reach and development.

'We're thrilled to partner with United Technologies, a company that was recognized by Forbes to be one of the Best Employers for Women in 2018,' said Reshma Saujani, founder and CEO of Girls Who Code. 'This partnership will enable more girls to explore computer science, develop tangible skills as students, and engage with accomplished UTC role models of diverse backgrounds who are shaping the future of aerospace and smart cities through new and exciting technologies.'

United Technologies believes that innovation is fueled through workforces that represent a diversity of backgrounds, experiences and thought. In 2017 UTC became a member and signatory to Paradigm for Parity, a coalition of businesses committed to addressing the leadership gender gap. In 2018 UTC committed to an aggressive goal of achieving gender parity across its senior leadership team by 2030. The company also launched a Re-Empower program to help individuals who took a voluntary absence from the workforce-often women who left to raise children or care for family members-get the training, support and confidence needed to re-enter the professional world.

The Girls Who Code partnership is UTC's latest commitment to advancing gender parity. It is the first in a series of steps that UTC will be taking in 2019 to refocus its STEM investment strategy in support of achieving diversity goals, building technology workforce skills, and driving community engagement in the places where UTC operates worldwide.

'By partnering with Girls Who Code, United Technologies is committing its financial resources and employees' skills to proven programs that will help address the gender gap that persists across engineering and technology,' said United Technologies SVP and Chief Communications Officer Kelli Parsons. 'Our goal is to help young women believe in the boundless career opportunities ahead of them.'

To kick off the partnership, Girls Who Code founder and CEO Reshma Saujani joined Parsons, and United Technologies' Chief Digital Officer, Vince Campisi, at the company's Women in Digital Summit at UTC's Digital Accelerator in Brooklyn. At the event, more than a dozen Girls Who Code student alumni had the chance to meet and talk with UTC data scientists, digital designers and software engineers, and tour the state-of-the-art facility. Saujani shared insights from her latest book, Brave, not Perfect, which documents the need for, and challenges, in trying to close the gender gap in technology.

'In the United States today, women account for less than 20 percent of all graduates with computer science degrees and less than 25 percent of the computing workforce-and the numbers are not so different in other parts of the world,' stressed Saujani. 'Thanks to the generous support of companies like United Technologies, we believe that Girls Who Code can achieve gender parity in entry level computer science jobs by 2027.'

ABOUT GIRLS WHO CODE

Girls Who Code is an international non-profit organization working to close the gender gap in technology and change the image of what a programmer looks like and does. With their 7-week Summer Immersion Program, a 2-week specialized Campus Program, after school Clubs, College Loops program and New York Times best-selling series, they are leading the movement to inspire, educate, and equip young women with the computing skills to pursue 21st century opportunities.

In the seven years since launching, Girls Who Code has reached 90,000 girls in the U.S. and abroad. The organization has nearly 30,000 college-aged alumni, many going on to pursue computer science degrees and secure paid technical internships working alongside professionals in the field. Alumni are declaring majors in computer science and related fields at 15 times the national average. Half of Girls Who Code alumni come from underrepresented groups, and these alumni are declaring majors in computer science and related fields at 16 times the national average. To join the movement or learn more, visit girlswhocode.com.

ABOUT UNITED TECHNOLOGIES

United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems to the building and aerospace industries. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs. To learn more about UTC, visit www.utc.com or follow the company on Twitter: @UTC.

CONTACT:

Tania Zaparaniuk, Girls Who Code

tania@girlswhocode.com

Bradford Drazen, United Technologies

Bradford.Drazen@utc.com

Disclaimer

UTC - United Technologies Corporation published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 18:55:07 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on UNITED TECHNOLOGIES CORPOR
08:02aPRATT & WHITNEY : Expands Service Network with Designated Maintenance Facility i..
PR
02/20Airbus says A320neo India deliveries back on track
RE
02/19Honeywell-Pratt venture protests GE's Army helicopter contract
RE
02/19Honeywell/United Tech Venture Protesting U.S. Army Contract Decision
DJ
02/19UNITED TECHNOLOGIES : Advanced Turbine Engine Company Files Protest For ITEP
PR
02/19UNITED TECHNOLOGIES : Security1 wins ‘Best Partner' award
AQ
02/18COLLINS AEROSPACE : to host more than 1,000 female students globally for 'Introd..
PR
02/18PRATT & WHITNEY : Delivers GTF™ PW1900G Production Engines for Embraer E19..
PR
02/18UNITED TECHNOLOGIES : Wall Street optimism hits a high note
AQ
02/14Airbus to Further Increase A320 Production -Commercial Plane President
DJ
More news
Financials ($)
Sales 2019 77 145 M
EBIT 2019 10 563 M
Net income 2019 6 403 M
Debt 2019 37 555 M
Yield 2019 2,32%
P/E ratio 2019 17,89
P/E ratio 2020 15,59
EV / Sales 2019 1,92x
EV / Sales 2020 1,80x
Capitalization 111 B
Chart UNITED TECHNOLOGIES CORPORATION
Duration : Period :
United Technologies Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends UNITED TECHNOLOGIES CORPOR
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 140 $
Spread / Average Target 8,9%
EPS Revisions
Managers
NameTitle
Gregory J. Hayes Chairman, President & Chief Executive Officer
Michael R. Dumais Executive Vice President-Operations & Strategy
Akhil Johri Chief Financial Officer & Executive Vice President
Paul Eremenko Chief Technology Officer & Senior Vice President
Christine Todd Whitman Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
UNITED TECHNOLOGIES CORPORATION20.81%110 674
LOCKHEED MARTIN CORPORATION17.34%86 803
RAYTHEON20.39%52 861
GENERAL DYNAMICS11.18%50 283
NORTHROP GRUMMAN CORPORATION17.18%48 922
ROLLS-ROYCE19.08%24 416