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UTC Aerospace
UTC Aerospace Systems (UTAS) was one of the world’s largest suppliers of aerospace and defense products, headquartered in Charlotte, North Carolina, United States. The company was formed in August 2012 when parent United Technologies Corporation merged their existing subsidiary Hamilton Sundstrand with the newly-acquired Goodrich Corporation. In 2018, UTC acquired Rockwell Collins which was merger, merged to form Collins Aerospace. Products UTC Aerospace Systems was engaged in designing, manufacturing and servicing systems and components for commercial, regional, business and military aircraft, helicopters and other platforms. UTC Aerospace Systems was also a major supplier to international space programs. UTC Aerospace Systems had two main segments: Aircraft Systems and Power, Control & Sensing Systems. These segments were then broken down into several business units. The Aircraft Systems consisted of Actuation & Propeller Systems, Aerostructures, Air Management Systems, Inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |