HARTFORD (dpa-AFX) - Esterline Technologies Corp. (ESL) and United Technologies Corp. (UTX) announced that they have finalized a long-term supply agreement to support production at UTC's aerospace businesses.
The UTV2 long-term supply agreement secures contracts for critical engineered items required by UTC at its aerospace business units, Pratt & Whitney, Sikorsky and UTC Aerospace Systems, on key programs including E2, MRJ, S-92, A350 and B787. This agreement positions Esterline to become a preferred source to UTC and its aerospace business units for products from all three Esterline business segments: Advanced Materials; Sensors & Systems; and Avionics & Controls.
In addition to signing a long-term agreement, Esterline Technologies is actively engaged in the UTC Supplier Gold program and committed to the UTV2 cost-savings initiative and UTC Contract Governance program, which sets high standards for quality and on time delivery.
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