UTC Aerospace Systems, a part of
United Technologies Corp
), has been selected by Airbus to supply new wheels and carbon
brakes for A320neo family aircraft. The components, supplied
through its landing systems facility in Troy, Ohio, are scheduled
to commence into service in 2015.
The new wheels and brakes are designed as an enhancement to
existing products and will be compatible across various neo
platforms. Also, the aircraft flying with UTC Aerospace Systems'
wheels and brakes will have the advantage of longer intervals
between overhauls. UTC Aerospace Systems will use proprietary
DURACARB carbon heat sink material for the A320neo aircraft carbon
brakes. This should foster extended brake life for the new A320neo
fleet, thereby generating significant cost savings.
UTC Aerospace Systems designs, manufactures and services integrated
systems and components for the aerospace and defense industries
.With stiff competitive pressures in the aviation industry, UTC
Aerospace Systems aims to address customer needs and build
long-term relationships with clients by continually developing
innovative state-of-the-art products.
Based in Hartford, CT, its parent company United Technologies
provides high-end technology products and services to the building
systems and aerospace industries worldwide. This diversified
business conglomerate serves various end markets such as aerospace,
defense and commercial construction. The business diversification
allows the company to remain profitable during tough economic
United Technologies currently has a Zacks Rank #3 (Hold). Other
stocks that look promising and are worth a look include
Noble Group Ltd.
), carrying a Zacks Rank #1 (Strong Buy),
Compass Diversified Holdings
), both carrying a Zacks Rank #2 (Buy).
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