UTC Aerospace Systems, a division of United Technologies
Corp . ( UTX ), has been
selected by Embraer SA ( ERJ ) to provide wheel
and carbon brakes for its fleet of second-generation E-Jet
aircrafts. The Wheels & Brakes business of UTC Aerospace
Systems, located in Troy, Ohio, will supply the equipments for the
aircrafts.
UTC Aerospace Systems will use proprietary DURACARB carbon heat
sink material for the E-Jet carbon brakes. The strategic
partnership should foster superior customer focus and extended
brake life for the new E-Jet fleet, with a 35% brake life advantage
over other competitive products available, thereby generating
significant cost savings.
Additionally, UTC Aerospace Systems will also supply the electric
system for the E-Jets, including electric power generation,
emergency power generation, primary power distribution and
secondary power distribution facilities. The new power system has
major upgrades compared to the first generation, with the latest
drive generator technology and 50% more power. The new power system
will provide Embraer with innovative technologies, high performance
and additional flexibility to support E-Jet aircrafts.
Management is highly encouraged by its business relationships with
Embraer. With the prevailing competitive environment in the
aviation industry, UTC Aerospace Systems aims to address customer
needs and build long-term relationships with clients to generate a
steady demand.
Based in Hartford, CT, United Technologies provides high-end
technology products and services to the building systems and
aerospace industries worldwide. The company is a diversified
business conglomerate serving various end markets such as
aerospace, defense and commercial construction. The business
diversification allows the company to remain profitable amid tough
economic times.
However, the company needs to be wary of its competitors, which
include formidable names such as Macquarie Infrastructure
Company LLC ( MIC ). United
Technologies currently has a Zacks Rank #3 (Hold). One of its
competitors, Tyco International Ltd ( TYC ) carries a Zacks
Rank #2 (Buy).
EMBRAER AIR-ADR (ERJ): Free Stock Analysis
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