PARIS, June 19, 2011 /PRNewswire/ -- PARIS AIR SHOW -- Hamilton Sundstrand Corporation, a subsidiary of United Technologies Corp. (NYSE: UTX), has reached agreement with Airbus to continue providing multiple systems content for Airbus A320 family including A320neo.
Under the agreement, Hamilton Sundstrand will provide the same suite of systems it is currently providing for the A320 family of aircraft, including the electric power generation system, cabin pressure control system, emergency ram air turbine, auxiliary power unit, cabin signage lighting, flight and cockpit controls and door and horizontal stabilizer actuation.
Hamilton Sundstrand estimates the total program value of this business to be approximately $3 billion.
"We are proud Airbus has confirmed Hamilton Sundstrand as a key partner for their single aisle aircraft family and that our proven systems will equip the A320neo," said Hamilton Sundstrand President Alain Bellemare. "By helping Airbus leverage an existing, reliable aircraft, we support the A320neo's objective of providing operators maximum benefit with minimal change."
With 2010 sales of $5.6 billion, Hamilton Sundstrand 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 that provides high-technology products and services to the aerospace and building industries.
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 includeweakness in global economic conditions; declines in end market demand in commercial aerospace; declines in levels of air travel; challenges in the design, development, production and support of advanced technologies and new products;labor disputes 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.
Please visit www.utcaero.com for news from United Technologies at the Paris Air Show 2011.
Contact: Dan Coulom
860-654-3469
Daniel.coulom@hs.utc.com
www.hamiltonsundstrand.com
SOURCE Hamilton Sundstrand Corporation
