United Technologies Corp cut its 2009 profit target by about 13 percent and said it would eliminate 11,600 jobs as it no longer anticipates an economic recovery this year.

Analysts were looking for profit of $4.60 per share, according to Reuters Estimates.

The new forecast includes 30 cents to 40 cents per share of restructuring charges, as well as some expected one-time gains.

The economic recovery previously anticipated in the second half of 2009 now appears unlikely, said Louis Chenevert, chief executive of the Hartford, Connecticut-based company.

As of December, United Tech employed about 220,000 people.

(Reporting by Scott Malone; Editing by Steve Orlofsky)