Pratt & Whitney and KMWE Sign Long Term Agreement for F135 Engine Components
Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), has awarded a contract to KMWE / DutchAero to manufacture F135 engine components. The F135 engine is the propulsion system for the fifth generation F-35 Lightning II aircraft.
Located in Eindhoven, the Netherlands, precision component manufacturer KMWE, together with its subsidiary DutchAero, has received a 10-year long term procurement agreement for machined engine components. This agreement signals a strengthened relationship between Pratt & Whitney and KMWE / DutchAero and positions KMWE / DutchAero well for follow-on F135 opportunities.
"This award reaffirms Pratt & Whitney's commitment to F135 engine industrial participation in the Netherlands," said Cliff Stone, vice president, Business Development and International Programs, Pratt & Whitney Military Engines. "KMWE / DutchAero competed globally and was selected as the best value supplier of these engine components, and will play a valuable role in our global supply chain for the F135 engine as we continue to reduce the cost of the propulsion system."
"We are delighted to have earned the trust of Pratt & Whitney to manufacture and deliver these key components for the F135 engine," said Edward Voncken, chief executive officer, KMWE Group. "Our business is focused on delivering high-quality products at competitive prices by effectively applying our LEAN production philosophy. Our contribution to the F135 engine allows us to develop our aerospace manufacturing technologies and capabilities further and helps to ensure local jobs and skills for the future, which are an essential part of our local industry."
As one of the original nine partner nations for the F-35, the Netherlands is a key contributor to the development, production and sustainment of the F-35 program. The current program of record for the Netherlands is for the procurement of at least 37 F-35A aircraft.
KMWE is supplier and partner for the High Tech Equipment Industry and Aerospace. KMWE is not only the supplier of high quality, automated machined parts and functionally tested mechatronic modules, but also increasingly responsible for the development and engineering of these products. With its headquarters in the Netherlands, KMWE now employs approximately 600 motivated and trained employees world-wide with subsidiaries in Malaysia, India and Turkey. With 60 years of experience KMWE is able to fulfil the highest customer demands. For more information about KMWE / DutchAero, visit http://www.kmwe.com
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.
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 government procurement priorities and practices, budget plans and availability of funding, and 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.