United Technologies 1Q net income, revenue rise

Published April 23, 2013 4:26pm ET



HARTFORD, Conn. (AP) — The biggest aerospace deal ever is paying off for United Technologies Corp.

The Hartford, Conn., aerospace and building systems conglomerate said Tuesday that its purchase of aerospace parts maker Goodrich Corp. boosted first-quarter revenue even as sales flagged in Europe, which is struggling with a weak economy. The $18.4 billion deal was announced in 2011 and closed in July 2012.

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