Hamilton Sundstrand Extends C.A.R.E. Agreement with Tianjin Airlines

FARNBOROUGH, England, July 21 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- Hamilton Sundstrand has extended its Comprehensive Asset Repair and Exchange (C.A.R.E.) agreement with Tianjin Airlines to provide repair services and asset management for airframe components on the airline's Embraer ERJ 170/190 aircraft. Hamilton Sundstrand is a subsidiary of United Technologies Corp. (NYSE: UTX).

The 10-year agreement, which includes support for 50 aircraft, includes asset management and repair services for approximately 143 installed Hamilton Sundstrand line replaceable units (LRUs) on the aircraft including air management systems, electric power, emergency power, flight controls, and ice and rain protection.

Hamilton Sundstrand's C.A.R.E. program offers total repair and inventory support services and is fully supported by key OEM accessory suppliers. Hamilton Sundstrand has similar long-term aftermarket agreements with 27 of the world's 30 largest airlines.

"Hamilton Sundstrand's C.A.R.E. program provides customers a strategic asset management partner combined with world-class repair capability," said Matthew Bromberg, Hamilton Sundstrand Customer Service vice president and general manager. "In today's economic environment, this not only optimizes an airline's use of capital and resources, but also maximizes airline dispatch reliability."

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; the impact of volatility and weakness in financial markets on overall levels of economic activity; declines in end market demand in the aerospace industry; 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.

SOURCE Hamilton Sundstrand

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