Movers and Shakers interview with Chris Rao, Vice President of UT Aerospace Systems

UTC Aerospace Systems is one of the world's largest suppliers of technologically advanced aerospace and defence products.  It is part of United Technologies Corporation (UTC), a diversified company that provides a broad range of high-technology products and services to the global aerospace and building systems industries.  In 2012, UTC Aerospace Systems was formed by combining two industry leaders, Hamilton Sundstrand  and  Goodrich  Corp. UTC Aerospace Systems manufactures products that cater to the needs of aircraft interiors, sensors  and  integrated  systems  and actuation systems.

RR: Goodrich now becomes UTC, can you please shed some light on that and what it means for Goodrich as well as the  aerospace  manufacturing industry.

CR: The acquisition of Goodrich by United Technologies happened in July 2012. I think the synergies between the two companies are great. This coming together of two large aerospace companies is  definitely a huge advantage to the customer. If you look at the aerospace businesses, there are a number of system level suppliers and with this merger we become one of the largest tier 1 suppliers to  the aerospace industry, globally. UTC today has three groups focused on the aerospace side.  One  is Pratt & Whitney with the engines; Sikorsky is for the helicopter platforms, and United Technologies Aerospace Systems Group which comprises of Legacy Hamilton Sundstrand and Legacy Goodrich business. Being part of a large Tier 1 organisation, we can definitely leverage synergies within the organisation be it our combined spend, our customer approach, our investments in R&D. I think this combination gives us a huge opportunity to be at a leading edge.

RR: In terms of capability or…?

CR: Not only capability, but in terms of future technologies. I think this kind of combination of two very strong companies coming together presents opportunities to not just the organisation but its employees, its suppliers, and finally the end customer.

RR: The next question would be on the global market for aerospace and how do you see it growing in the next maybe 5 or 10 years and do you see that the boom is going to happen uniformly across regions?

CR: If you look at the current aerospace industry and growth that's been happening for the past few years, the APAC region is definitely growing. Today, it is about 30 percent of the global growth scenario in the commercial aerospace business. There are other countries also growing, but in terms of sheer volume and size it is this region that is going to be a huge market for the commercial side of business.

RR:  Any idea on the number or aircrafts or kind of aircraft configurations which would be needed?

CR: The latest indications by Boeing and Airbus see a requirement of anywhere between 1,100-2,000 aircraft in the next 20 years for the India region alone and China needs about 7,000 aircraft in the next 15-20 years. As per latest estimates I believe the population in the commercial side of business - worldwide is about 11,00Men's Sneaker Hub Online