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United Technologies Aerospace sees M&A driving higher growth
2016年6月6日 / 下午5点16分 / 1 年前

United Technologies Aerospace sees M&A driving higher growth

WINDSOR LOCKS, Conn., June 6 (Reuters) - United Technologies Aerospace Systems expects compound annual revenue growth to average 6 percent over the next five years, and is looking for acquisitions in four key areas, a top executive said on Monday.

The company is looking for acquisitions in avionics, interiors, structures and hydraulics, UTC Aerospace Systems President Dave Gitlin told a media briefing, noting those are areas where UTC does not yet have a large presence. Any acquisitions likely would boost revenue growth beyond the 6 percent expected from existing operations, he said.

Reporting by Alwyn Scott; Editing by Tom Brown

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