New Naval Contract For United Technologies (NYSE:UTX)

United Technologies (NYSE:UTX) has got a contract for the installation of EPCS from the Naval Air Systems Command. New Naval Contract For United Technologies (NYSE:UTX) High-tech manufacturing megalith United Technologies (NYSE:UTX), through its subsidiary Hamilton Sundstrand Corporation, was awarded a $24.6 million contract from Naval Air System Command (NAVAIR) for the installation of 25 electronic propeller control system (EPCS) aircraft kits. Under the contract, the company will provide 20 C-130T aircraft kits for Navy Reserve and 5 LC-130H aircraft kits for Air National Guard. These kits will offer improved reliability, precision and performance. United Technologies (NYSE:UTX)'s business development manager Robert Schechtman said, "The EPCS kits are part of our propeller modernization program, which can be applied to NP2000 propellers in the future.” United Technologies Corp. (NYSE:UTX) shares were at 80.16 at the end of the last day’s trading. There’s been a 1.7% change in the stock price over the past 3 months. United Technologies Corp. (NYSE:UTX) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.52 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.62 Zack’s Rank: 12 out of 27 in the industry
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