UTC UTC BUILDING & INDUSTRIAL SYSTEMS PRATT & WHITNEY UTC AEROSPACE SYSTEMS SIKORSKY
Globe Banner

PRESS RELEASE

Pratt & Whitney Delivers 50th F135 Engine for the F-35 Joint Strike Fighter

EAST HARTFORD, Conn, Wednesday, May 02, 2012

Pratt & Whitney has successfully delivered the 50th production F135 engine – powering Lockheed Martin’s fifth-generation F-35 Lightning II – to the U.S. Department of Defense. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company.

The 50th engine is scheduled to be installed in a F-35C Carrier Variant (CV) for the United States Navy. The F-35C aircraft will be delivered to Eglin Air Force Base for Navy pilot training.

“Delivery of the 50th production F135 engine is a significant milestone for the program,” said Chris Flynn, vice president, F135/F119 Engine Programs, Pratt & Whitney. “We are proud of the progress made on the most advanced fifth-generation fighter engine in the world. We will continue to work diligently toward production and testing benchmarks while meeting our cost objectives.”

Pratt & Whitney remains committed to increasing production levels while decreasing costs. To date, Pratt & Whitney and its suppliers have been able to reduce the cost by more than 25 percent on the CV/Conventional Takeoff and Landing (CTOL) engine, compared to the original test engines. Engine production output in 2012 is expected to double from 2011, as was demonstrated from 2010 to 2011.

The F-35 program includes three variants to meet the unique needs of the U.S. armed forces and the international participants in the program: the CV, the CTOL and the Short Takeoff and Vertical Landing (STOVL). To date, the F135 propulsion system has powered more than 330 vertical landings, 2,000 test flights producing more than 3,000 flight hours. Pratt & Whitney has delivered 30 CTOL/CV and 20 STOVL engines and related propulsion system hardware. The success of the F135 engine program validates the reliability, safety and performance of the engine.

Included in the 50 deliveries was the last deliverable hardware required for the third lot of Low Rate Initial Production (LRIP) engines. Pratt & Whitney is now delivering to the fourth lot of LRIP contract requirements which are scheduled to be completed by the end of 2012.

Pratt & Whitney has designed, developed and tested the F135 to deliver the most advanced fifth-generation fighter engine for the United States and its allies around the world. 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 release includes "forward looking statements" concerning future business opportunities and other matters involving this engine that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in the health of the global economy and the strength of end market demand in the aerospace industry; as well as company specific items including the ability to achieve cost reductions at planned levels; challenges in the design, development, production and support of advanced technologies including this engine, and new products including the engine discussed in this press release; and delays and disruption in delivery of materials and services from suppliers. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time, including but not limited to, the information included in UTC's 10-K and 10-Q Reports under the headings "Business," "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Cautionary Note Concerning Factors that May Affect Future Results," as well as the information included in UTC's Current Reports on Form 8-K.