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PRESS RELEASE

Pratt & Whitney Completes New V2500® Engine Line: Prepares for Ramp Up at Connecticut Engine Center

MIDDLETOWN, Conn., Friday, October 4, 2013

Today, Pratt & Whitney completed the second phase of an assembly-floor transformation project at its Middletown, Conn., facility to prepare the Engine Center to ramp up for production of its portion of PurePower® PW1100G-JM engines for the Airbus A320neo family and increase capacity for the F135 engine powering the F-35 Lightning II for the U.S. Military. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.

Pratt & Whitney leadership, employees and customers gathered today at the facility for a ribbon-cutting to mark the completion of a streamlined V2500 engine assembly line, the completion of Phase Two of the transformation. This four-phase project reconfigures the engine center to best use existing factory space to annually produce hundreds of V2500 engines, while making space for new engine lines for the F135 and PW1100G-JM engine programs.

“Pratt & Whitney is transforming its global operations. We’re investing hundreds of millions of dollars to prepare for our ramp in production for our Next Generation Product Family, including significant investments in our Connecticut facilities,” said Joe Sylvestro, vice president, Manufacturing Operations, Pratt & Whitney. “Our Connecticut operations continue to be an important part of Pratt & Whitney’s bright future. High technology development and production, like the V2500 line, build on our legacy of success here.”

Entering service in 1989, the V2500 turbofan engine continues to be a workhorse model for close to 200 customers. It is known for its reliability and fuel efficiency, as well as its superior environmental performance for both noise and emissions. Currently, the V2500 is available across three platforms: the Airbus A320ceo family, the Boeing MD-90, and the Embraer KC-390.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, auxiliary and ground power units, and small turbojet propulsion products. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. To learn more about UTC, visit the website or follow the company on Twitter: @UTC.

This release includes “forward looking statements” concerning anticipated future production of engines and business opportunities that are subject to risks and uncertainties, including with regard to the programs described in this release. Risks and uncertainties that could cause actual results to differ materially from those anticipated or implied in forward looking statements include the effect of economic conditions in the markets in which we operate, including financial market conditions, levels of end market demand in the aerospace industry, including levels of demand for the new engines and aircraft described in this release; levels of air travel/military flight activity; and challenges in the design, development, production and support of advanced technologies and new products and services. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's 10-K, 10-Q and other reports filed with the SEC.

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Photo Captions

  • Photo 1: Oh “John” Tsukada, senior vice president of Corporate Affairs & Strategic Initiatives, International Aero Engines; Jon Beatty, president, International Aero Engines; Bob Lekites, executive vice president, Customers, Airbus Americas; Bob Saia, vice president, Development Programs, Commercial Engines stand in front of the new V2500 assembly line at the ribbon-cutting ceremony for Phase 2 of the Pratt & Whitney Engine Center transformation.
  • Photo 2: A ribbon-cutting event for the second phase of an assembly-floor transformation project was held at Pratt & Whitney’s Middletown, Conn., facility to prepare the Engine Center to ramp up for production.