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UTC Head Announces Billions In New Deals

United Technologies Corp.’s aerospace announced more than 30 new deals worth a combined total of more than $4 billion, the conglomerate’s president and chief operating officer said last week.

Louis Chenevert told an audience at the Paris Air Show that the sales and service agreements will help drive UTC’s earnings-per-share growth over the next several years.

He also reaffirmed the company’s 2007 earnings projection of between $4.05 and $4.20 per share.

“We like where we are at this point in time in revenue growth,” Chenevert said. “We’ve got some strong momentum across all of our businesses.”

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Hartford-based United Technologies is the parent company of jet engine manufacturer Pratt & Whitney, aerospace company Hamilton Sundstrand, Sikorsky Aircraft, elevator maker Otis, heating and cooling product division Carrier, and other businesses.

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