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Pratt & Whitney Awarded F100 Engine Contract To Power Hellenic Air Force F-16s

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

Pratt & Whitney was awarded a $33.9 million contract for additional F100 spare engines in support of the Hellenic Air Force's fleet of F-16 aircraft. The contract includes four F100-PW-229 Engine Enhancement Package (EEP) engines and 16 engine modules. The first F100-PW-229 EEP engine delivery is scheduled for December 2010. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.

"Pratt & Whitney's F100 team continues to work closely with the Hellenic Air Force to ensure its fleet remains safe and supportable throughout the lifecycle of its operation," said Bill Begert, vice president of Military Engines Business Development and Aftermarket Services for Pratt & Whitney. "Pratt & Whitney F100 engines have powered the Hellenic Air Force's Block 52+ F-16 fleet since 2002. We are pleased the Hellenic Air Force has demonstrated its continued high confidence in the F100 engine, and we are excited about extending the benefits of lower total cost of ownership in the form of the EEP engine."

The F100-PW-229 EEP engines will provide the Hellenic Air Force a lower total cost of ownership and will extend the outstanding record of safety for -229 fielded service. Incorporating the latest technologies, the F100-PW-229 EEP propulsion system provides advanced, dependable power for F-16 fighter aircraft around the world. The F100-PW-229 EEP is the latest evolution of the F100 family of fighter aircraft engines and increases the engine depot inspection interval from seven to 10 years, providing up to a 30 percent life cycle cost reduction over the life the engine.

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 commercial building industries.

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in the F100 engine or F-15/F-16 aircraft funding, 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 technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corporation's Securities and Exchange Commission filings.