December 16, 2013

UTC Aerospace Divisions Prepare for Ramp Up with Platform Sourcing

HARTFORD, Conn. - Recently United Technologies Corp. (NYSE: UTX) met with strategic aerospace suppliers during the company's first platform sourcing event to present opportunities for sourceable content on UTC products for the Embraer E2 aircraft. UTC anticipates significant annual spend with its suppliers connected with this platform when the E2 aircraft reaches full production.

Pratt & Whitney and UTC Aerospace Systems were selected by Embraer earlier this year to provide major components for the new E2 aircraft, scheduled to enter service in 2017. Each division presented suppliers with specific sourcing opportunities. The event also included speakers from Pratt & Whitney Canada and Sikorsky with previews to other potential future platform opportunities.

"What we have in front of us is truly unprecedented," Benoit Brossoit, vice president, Operations, UTC, told suppliers. "We expect to see a ramp in production across the aerospace industry that we have never seen before. UTC has been successful in winning significant content on virtually every major aircraft program entering service in the coming years."

"In light of the anticipated growth in the aerospace industry and UTC's key aerospace program wins, we are taking the necessary steps to ensure that UTC's supply chain is fully prepared to deliver value to our customers" said Brossoit. "We are working to streamline our interface with our suppliers across UTC divisions by consolidating requirements and securing capacity with increased volumes which we believe will position us to meet customer requirements."

United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries.@UTC.

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