United Technologies is the second-largest player in the aerospace and defense industry, with a market capitalization of around $91 billion. UTC competes with companies in the commercial aerospace and the defense industry. Its major competitors include Johnson Controls Inc in the commercial aerospace segments, and Lockheed Martin and General Dynamics in the defense aerospace market. The stock is currently trading at a price to earnings multiple of 18.3. Its competitor, General Dynamics, is trading at a price 13.2 times its per-share earnings over the last twelve months. The S&P 500, meanwhile, is trading at an average price to earnings multiple of 15x. Read More: UTX
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