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Hamilton Sundstrand announces multi-year procurement for V-22 electric systems

Contact:

Colleen Carroll
815-226-5428

Windsor Locks, USA- North America, Connecticut, Apr 15, 2008

Boeing Integrated Defense Systems has awarded Hamilton Sundstrand, a subsidiary of United Technologies Corp. (NYSE:UTX), a follow-on procurement contract to supply additional constant frequency electric systems for the Bell Boeing V-22 Osprey, under Lots 12-16 of the program.

The five-year procurement agreement represents a potential value of $90 million to Hamilton Sundstrand, which supplies two 40-kilovolt-ampere (kVA) constant frequency generators -- with integral control units -- per aircraft.

On March 28, the U.S. Department of Defense awarded the Bell Boeing program a $10.4 billion contract for multi-year production of up to 167 additional V-22 Osprey through 2012.

The multi-role V-22 employs tiltrotor technology, enabling the aircraft to combine the vertical performance of a helicopter and the speed and range of a fixed wing aircraft. The V-22 is in joint service with the U.S. Marine Corps, U.S. Navy and U.S. Air Force Special Operations, and was deployed to service in Iraq in September 2007.

"This award solidifies Hamilton Sundstrand as a constant frequency electric system supplier of choice for the V-22 program," said Clif Jacobs, vice president and general manager, Hamilton Sundstrand Electric Systems. "We are proud to continue our commitment to this high performance, highly flexible multi-role aircraft."

With 2007 revenues of $5.6 billion, Hamilton Sundstrand employs approximately 18,300 people worldwide and is headquartered in Windsor Locks, Conn. Among the world’s largest suppliers of technologically advanced aerospace and industrial products, the company designs, manufactures and services aerospace systems and provides integrated system solutions for commercial, regional, corporate and military aircraft. It also is a major supplier for international space programs.

United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries worldwide.

This release includes "forward looking statements" concerning business opportunities and other matters 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 government procurement priorities; challenges in the design, development, production and support of advanced technologies and new products; and delays and disruption in delivery of materials and services from suppliers. For information identifying other important 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.