United Technologies Corporation is an American conglomerate engaged in research, development and manufacturing of high-tech products in several industries, including helicopters, aircraft engines, escalators, elevators, fire and security systems, and other industrial products. The corporation is also a leading military contractor, fabricating military helicopters and missile systems.
UTC integrates several high-profile brands - Carrier Corporation - one of the leading companies in the world for the production of heating, ventilation, air conditioning and refrigeration products. Hamilton Sundstrand – a defense contractor that develops and manufactures aircraft and other military equipment. Otis - the world's largest manufacturer of elevators, escalators and moving walkways. Pratt & Whitney – a manufacturer of aircraft engines, gas turbines and marine turbines. Sikorsky Aircraft Corporation - the world leader in the design and manufacture of helicopters for commercial, industrial and military purposes.
The company has international presence, maintaining business in 180 countries and having more than 4,000 representatives in 70 countries. Its major competitors are the Boeing Company, the General Electric Company and ThyssenKrupp AG.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.