Top 5 Defense Companies To Own For 2015

Top 5 Defense Companies To Own For 2015: United Technologies Corporation(UTX)

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company?s Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways, as well as provides maintenance and repair services. Its Carrier segment offers heating, ventilating, air conditioning, and refrigeration systems, controls, services, and energy-efficient products for residential, commercial, industrial, and transportation applications. The company?s UTC Fire and Security segment provides electronic security products comprising intruder alarms, and access control and video surveillance systems; fire safety products, such as specialty hazard detection and fixed suppression products, fire extinguishers, fire detection and life safety systems, and other firefighting equipment; systems integration, video surveillance, installation, maintenance, and inspection services; and mon i toring, response, and security personnel services. Its Pratt and Whitney segment supplies aircraft engines for the commercial, military, business jet, and general aviation markets; industrial gas turbines; geo thermal power systems; and space propulsion systems, as well as provides fleet management, maintenance, repair, and overhaul services. The company?s Hamilton Sundstrand segment supplies aerospace products, such as power generation, management and distribution, flight control, engine control, environmental control, auxiliary power units, and propeller systems; and industrial products, including air compressors, metering pumps, and fluid handling equipment under the Sullair, Sundyne, and Milton Roy names. Its Sikorsky segment manufactures military and commercial helicopters, as well as offers aftermarket helicopter and aircraft parts and services. United T! echnologies Corporation was founded in 1934 and is based in Hartford, Connecticut.

Advisors' Opinion:

• [By Paul Vigna]

  Coca-Cola, McDonald's (MCD), DuPont, United Technologies (UTX) and Verizon (VZ) all reported earnings before the bell. Microsoft reports after the market closes. The Street was not impressed. Of the five that reported, only Verizon is higher in midday trading; the others are all in the red, with Coke down 3%. That’s on a day when the Dow itself is up about 70 points.

• [By Nitish]

  United Technologies Corp.'s (UTX) Pratt & Whitney engine unit is nearing a deal with the U.S. government for about $2 billion worth of engines for the Lockheed Martin Corp.'s F-35 Joint Strike Fighter, the company announced on Thursday. The clause of the contract suggests that the company will be engaged in two years of production of about 80 engines. The agreement comes after the U.S. government this year criticized Pratt & Whitney for not doing enough to reduce the cost of the turbine, called the F135. The Pentagon has been putting pressure on Lockheed Martin and Pratt & Whitney to cut their prices as the government tries to pare the costs of its most expensive weapons program. The Pentagon expects to pay about $399 billion for the F-35, including the purchase of 2,443 jets.

• [By Dan Caplinger]

  The Dow Jones Industrials (DJINDICES: ^DJI  ) made history last week, with a rise of 216 points carrying the average above 17,000 and reigniting investor interest in the stock market more broadly. Even though many investors have remained on the sidelines as stocks become increasingly expensive, the bull market shows few signs of stopping, and positive economic data are helping to support company fundamentals within many sectors of the market. Nevertheless, several Dow stocks missed out on the market's overall gains, with Microsoft (NASDAQ: MSFT  ) , United Technologies (NYSE: UTX  ) ,! and McDo! nald's (NYSE: MCD  ) being the three worst performers of the week.

• [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]

  United Technologies Corp.'s(UTX) Sikorsky Aircraft Corp. unit signed a contract amendment Wednesday with the Canadian government that clears the way for delivery of CH148 Cyclone helicopters.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-defense-companies-to-own-for-2015-2.html