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Israel Ministry of Defense Signs Agreement for Purchase of F-35 Aircraft

EAST HARTFORD, Conn., Thursday, October 14, 2010

The Israeli Minister of Defense Director General (Maj. Gen. Ret.) Udi Shani, has signed a Letter of Offer and Acceptance for the procurement of F-35 Lightning II aircraft, produced by Lockheed Martin. Pratt & Whitney's F135 engine will power the initial purchase of the Israel Air Force's F-35 aircraft. The F135 is the only engine currently powering the F-35 aircraft and is in production today. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.

The Israeli government made the decision to select the F-35 Lightning II as the Israel Air Force's next-generation fighter aircraft, making Israel the first country to receive the F-35 through the United States government's Foreign Military Sales process.

"We are looking forward to continuing our long relationship supporting the men and women of the Israel Ministry of Defense and Israel Air Force, a relationship which spans more than 60 years," said Warren Boley, president of Pratt & Whitney Military Engines. "The F135 engine is performing exceptionally well and is ready to safely and reliably power Israel's F-35s."

Pratt & Whitney, the only engine manufacturer producing fifth generation propulsion systems, has designed, developed and tested the F135 to deliver the most advanced fifth generation fighter engine for the U.S. services and our international allies. The F135 is derived from proven technology of the only operational fifth generation fighter engine, the Pratt & Whitney F119 that exclusively powers the F-22 with more than 300,000 engine hours.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.

This press release contains forward-looking statements concerning future business opportunities and operational engine performance. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in funding related to the F-35 aircraft and F135 engines, changes in government procurement priorities and practices or in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.