Carrier’s cozy deal

No bid $2.5B gov’t contract awarded to UTC

The most recent news from world of Carrier appears to only muddy the waters further.

Carrier’s parent company, United Technologies, recently received a $2.5 billion injection of federal funding, according to multiple reports, by way of one of its subsidiaries. UTC Aerospace Systems—Carrier’s cousin, if you will—was awarded the hefty contract without competition. The company makes and services aerospace components and has facilities in Charlotte and Connecticut, where parent company United Technologies is based.

UTC is engaged in designing, manufacturing and servicing systems and components for commercial, regional, business and military aircraft, helicopters and other platforms. Also a major supplier to international space programs, UTC Aerospace has two main segments: Aircraft Systems and Power and Control & Sensing Systems. These segments are then broken down into several business units. Aircraft Systems consists of actuation & propeller systems, aerostructures, air management systems, interiors, and landing systems; while the Power, Control & Sensing Systems consists of electric, engine, ISR, space, sensors and integrated systems.The company also provides aftermarket services including the repair of airplane turbines.

The contract could draw the ire—not only of competitors—but of workers who feel their jobs are low priority at Carrier after being grandstanded initially. Two waves of job cuts have hit the air conditioner manufacturer since the highly publicized announcement aimed at keeping jobs at its Indianapolis plant: 330 in July ’17 and another 300 this January. A Carrier executive has even been quoted as saying he’s aware that “10 percent of the company’s revenue comes from the U.S. government” according to the Washington Post, who first reported on the UTC contract.

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