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MarketScreener Homepage  >  Equities  >  Nyse  >  United Technologies Corporation    UTX

UNITED TECHNOLOGIES CORPORATION

(UTX)
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Future-proof flight deck: Airbus C295 is the first fixed-wing search and rescue platform to feature Pro Line Fusion™ avionics from Collins Aerospace

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11/16/2019 | 11:01pm EST

DUBAI, United Arab Emirates, Nov. 16, 2019 /PRNewswire/ -- Airbus' new C295 tactical aircraft will come equipped with Collins Aerospace System's state-of-the-art Pro Line Fusion™ flight deck, significantly advancing the capabilities of C295 operators. The selection marks the first fixed-wing search and rescue platform to include Pro Line Fusion among its standard equipment. Collins Aerospace is a unit of United Technologies Corp. (NYSE: UTX).

The Pro Line Fusion flight deck designed for the C295 includes key features to help operators during search and rescue, and other tactical missions, being equipped with:

  • Four 14.1-inch (35.8 cm) touchscreen displays to provide a more intuitive interface for pilots to interact and customize their information on the flight deck
  • Night-vision goggle capability to help ensure successful missions in low light conditions
  • Head-Up Displays that enable the pilot to keep their eyes up for enhanced situational awareness
  • Enhanced Vision System (EVS) sensor that allows pilots to see through low-visibility conditions 
  • Overlaid weather radar that shows a graphical depiction of weather along the flight plan for easy viewing
  • Integrated Terrain Awareness and Warning System that enables high-resolution 3D obstacle depiction and enhances mission safety
  • Fully integrated Mission Flight Management Systems supporting Search and Rescue patterns, Computed Air Release Points and High Altitude Release Points

In addition, the flight deck was designed to meet evolving airspace and regulatory requirements, future-proofing it for years to come. 

"This flight deck implementation is a great example of how Collins Aerospace is able to apply the latest commercial avionics technology and integrate it with military functions and capabilities to create the perfect fit for our customers," said Dave Schreck, vice president and general manager for Military Avionics and Helicopters at Collins Aerospace. "Our Pro Line Fusion integrated avionics system will reduce pilot workload and increase ease of operation for all future C295 operators."

Canada's Royal Canadian Air Force (RCAF) will serve as the launch customer for the C295 with the first delivery expected before the end of the year.

About Collins Aerospace

Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Created in 2018 by bringing together UTC Aerospace Systems and Rockwell Collins, Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers' toughest challenges and to meet the demands of a rapidly evolving global market. For more information, visit CollinsAerospace.com

About United Technologies Corporation

United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services 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. For more information about the company, visit our website at www.utc.com or follow us on Twitter: @UTC.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/future-proof-flight-deck-airbus-c295-is-the-first-fixed-wing-search-and-rescue-platform-to-feature-pro-line-fusion-avionics-from-collins-aerospace-300959282.html

SOURCE Collins Aerospace


© PRNewswire 2019
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Financials (USD)
Sales 2019 76 780 M
EBIT 2019 10 515 M
Net income 2019 6 122 M
Debt 2019 38 208 M
Yield 2019 1,97%
P/E ratio 2019 20,7x
P/E ratio 2020 18,1x
EV / Sales2019 2,16x
EV / Sales2020 2,03x
Capitalization 128 B
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Mean consensus BUY
Number of Analysts 20
Average target price 158,79  $
Last Close Price 149,36  $
Spread / Highest target 30,6%
Spread / Average Target 6,31%
Spread / Lowest Target -11,6%
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Managers
NameTitle
Gregory J. Hayes Chairman, President & Chief Executive Officer
Michael R. Dumais Executive Vice President-Operations & Strategy
Neil G. Mitchill Chief Financial Officer
Paul Eremenko Chief Technology Officer & Senior Vice President
Christine Todd Whitman Independent Director
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