Hamilton Sundstrand's MC-21 Systems Move to Joint Definition Phase

Jul 20, 2010, 01:00 ET from Hamilton Sundstrand

FARNBOROUGH, England, July 20 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- Hamilton Sundstrand, a subsidiary of United Technologies Corp. (NYSE: UTX), is successfully working with Irkut Corp. to develop systems for the company's new MC-21 aircraft family.

In 2009 Irkut selected Hamilton Sundstrand to supply multiple systems for the MC-21 commercial aircraft family including the Advanced Electric Power Generating System, Secondary Electrical Power Distribution, Auxiliary Power Unit, Wing Anti-Ice and the Nitrogen Generation System. In addition, Hamilton Sundstrand teamed with NPO Nauka to jointly develop the Integrated Air Management System, while Kidde Aerospace & Defense, a Hamilton Sundstrand subsidiary, was selected to supply the Fire Detection and Suppression System.

"Hamilton Sundstrand is delighted to be a major partner with Irkut Corp. on the MC-21, and we congratulate them on this program's successful launch," said Hamilton Sundstrand President Alain Bellemare. "We are very pleased with the aircraft program's progress to date and the completion of this major milestone. We look forward to many more such achievements."

These awards are expected to be worth approximately $2.3 billion over the life of the program.

Slated to enter service in 2016, the MC-21 is Irkut Corp.'s newest aircraft model, accommodating between 150 and 230 passengers in three basic versions.

With 2009 revenues 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 providing high technology products and services to the building and aerospace industries worldwide.

This press release contains forward-looking statements concerning potential production and sale of Hamilton Sundstrand aerospace products and services.  Important uncertainties that could cause actual results to differ materially from those anticipated include the severity and duration of global recessionary conditions, including extended contraction in credit conditions; the impact of volatility and weakness in financial markets on overall levels of economic activity; declines in end market demand in the aerospace industry; financial difficulties, including bankruptcy, of commercial airlines; 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 Corporation's Securities and Exchange Commission filings.

Contact: Dan Coulom


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SOURCE Hamilton Sundstrand