United Technologies 3Q profit, revenue up

Published October 23, 2012 2:31pm ET



HARTFORD, Conn. (AP) — United Technologies Corp. posted higher third-quarter net income and revenue Tuesday on rising orders in key businesses, but said it expects the U.S. economic recovery to remain anemic and offered a gloomy assessment of business in Europe.

The parent company of Otis Elevator, jet engine maker Pratt & Whitney, Sikorsky helicopter, Carrier heating and cooling and other aerospace and building system businesses said orders were up for Otis, heating and cooling equipment in North America and airline spare parts.

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