United Technologies details impact of shutdown

|About: United Technologies Corpora... (UTX)|By:, SA News Editor

United Technologies (UTX) says the government shutdown means DCMA inspectors will not be available for audits and approvals of military products and as such, "certain defense manufacturing work must be halted, which will result in employee furloughs."

Specifically, UTX will place ~2K Sikorsky workers on furlough starting Monday and will be forced to furlough employees in its Pratt & Whitney and Aerospace Systems businesses if the shutdown drags on through next week.

Should the shutdown somehow be allowed to continue into November, the number of affected employees could exceed 5K, the company warns. (PR)