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Message: Luxembourg

To give you an example, I picked UTC as an example, to show their profits and the infusion of U.S. Government money into this one company.

Financial results for the UTC Aerospace Systems segment were as follows:


UTC Aerospace Systems' largest non-governmental customers are Boeing and Airbus with, in the aggregate, 32% and 33% of total OEM sales in 2013 and 2012, respectively, and represent a combined 20% of total UTC Aerospace Systems segment sales in both 2013 and 2012. Sales to the U.S. Government were 21% and 24% of total UTC Aerospace Systems segment sales in 2013 and 2012, respectively. Sales generated by UTC Aerospace Systems' international operations, including U.S. export sales, were 55% and 49% of total UTC Aerospace Systems segment sales in 2013 and 2012, respectively. At December 31, 2013, UTC Aerospace Systems' backlog was $10.2 billion, including $2.5 billion of U.S. Government-funded contracts and subcontracts. At December 31, 2012, these amounts were $10.1 billion and $2.5 billion, respectively. Of the total UTC Aerospace Systems backlog at December 31, 2013, approximately $7.2 billion is expected to be realized as sales in 2014.

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