Shows & Panels
- AFCEA Answers
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Connected Government
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Cyber Imperative
- Cyber Solutions for 2013 and Beyond
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Mission-critical Apps in the Cloud
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- The Real Deal on Digital Government
- The Reality of Continuous Monitoring... Is Your Agency Secure?
- Veterans in Private Sector: Making the Transition
Shows & Panels
News Summary: United Tech 4Q profit down, sales up
Wednesday - 1/23/2013, 3:25pm EST
(AP) - THE NEWS: United Technologies Corp. fourth-quarter earnings from continuing operations slid 26 percent on charges, but the manufacturing conglomerate posted double-digit revenue growth.
THE NUMBERS: The parent of jet engine maker Pratt & Whitney and Otis elevators posted net income from continuing operations was $945 million, or $1.04 per share, meeting Wall Street expectations. Revenue totaled $16.44 billion for the October-December quarter.
THE OUTLOOK: United Technologies maintained its 2013 profit and revenue outlook, adding that it doesn't expect an impact from the investigation of the Boeing Dreamliner 787. The company's Hamilton Sundstrand unit is a parts supplier for the grounded aircraft.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)