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Pratt & Whitney to Provide PW4062 Engines, Comprehensive Industrial Cooperation Plan for Australian 767 Tanker Program

EAST HARTFORD, Conn., March 24, 2004 - Pratt & Whitney (P&W) is offering its proven PW4062 engine, along with a comprehensive Australian industrial cooperation plan, for the 767 Global Tanker Transport Aircraft Program being proposed by Boeing to the Royal Australian Air Force (RAAF).

The engine was recently selected by Boeing as the baseline engine to power all U.S. Air Force and international 767 tankers, based on a best value evaluation criteria. The evaluation criteria included engine performance, pricing considerations, management, and quality and schedule history.

“Pratt & Whitney’s goal, in close cooperation with Boeing, is to become a long-term partner of the Royal Australian Air Force for the operation and maintenance of PW4062-powered 767 tanker aircraft,” said Lloyd “Fig” Newton, Senior Vice President, Military Customer Requirements & Support for Pratt & Whitney.

“Additionally, Pratt & Whitney will provide substantial and meaningful commitments to Australian industry through industrial cooperation. To continue our success in the region and to fully support Boeing, we will expand our presence and long-term relationships with quality suppliers throughout the area. Our intent is to develop and participate in projects that will continue to produce economic benefits in the region long after the industrial cooperation program has been satisfied,” he stated.

P&W industrial cooperation plan is focused on aerospace and industrial activities that will provide direct benefits to Australian industry. P&W will be pursuing opportunities in a number of areas including research and development, maintenance and overhaul, aircraft components and accessories, and logistics support.

United Technologies and its divisions of P&W, Hamilton Sundstrand, Sikorsky, Otis, Carrier and Chubb, have significant business activities in Australia, employing over 11,000 people. In addition, P&W owns and operates an engine overhaul center in nearby Christchurch, New Zealand.

Pratt & Whitney’s PW4000 engine series entered service in 1987 and has offered airlines around the world excellent and economic operational service and high reliability in over 65 million flight hours to date.

Pratt & Whitney, a United Technologies Company (NYSE:UTX), is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines.

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