Pratt & Whitney Receives $300 Million Contract to Support F100 Engines Maintenance for Republic of Korea

Tue Jan 8, 2013 7:00am EST

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EAST HARTFORD, Conn.,  Jan. 8, 2013  /PRNewswire/ -- Pratt & Whitney, a unit of
United Technologies Corp. (NYSE: UTX), has received a  $300 million  Performance
Based Logistics (PBL) contract from the Republic of Korea government in support
of the F100 engines powering the Republic of Korea Air Force fleet of Lockheed
Martin F-16 fighters and Boeing F-15K fighters.  

This five-year parts and repair services program covers over 230 engines. Under
the terms of the PBL, Pratt & Whitney will provide key support for the F100
engines in the intermediate engine shops and at the depot level.  

"Pratt & Whitney is proud of our decades-long partnership with the Republic of
Korea Air Force, providing reliable engines and affordable readiness in support
of their fleet," said  Howie Chandler, vice president, Military Business
Development and Aftermarket Services for Pratt & Whitney. "We look forward to
expanding our level of support to the Republic of Korea Air Force's fighter
engines, further improving our position as a premier fleet management provider
for military aircraft engine fleets around the globe."

Pratt & Whitney's F100 engine, powering F-15 and F-16 aircraft worldwide, is one
of the most successful fighter engines in history. The combat proven engine has
flown more than 24 million hours. More than 23 air forces around the world have
chosen the F100 for safe, reliable power. Pratt & Whitney has built more than
7,200 F100 engines for customers around the globe. In addition to the F100
engine, Pratt & Whitney's military engine portfolio includes the F135 for the
F-35, F117 for the C-17 and F119 for the F-22.

Pratt & Whitney is a world leader in the design, manufacture and service of
aircraft engines, space propulsion systems and industrial gas turbines. United
Technologies, based in  Hartford, Conn., is a diversified company providing high
technology products and services to the global aerospace and building
industries.

This press release contains forward-looking statements concerning future
business opportunities. Actual results may differ materially from those
projected as a result of certain risks and uncertainties, including but not
limited to changes in government procurement priorities and practices for the
F100 or F-15 and F-16 programs, budget plans and availability of funding, and in
the number of aircraft to be built; 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
the companies' Securities and Exchange Commission filings.

Shawn Watson
Pratt & Whitney Military Engines  
860-565-9654
Mobile: 860-371-5236  
Shawn.Watson2@pw.utc.com

 

SOURCE  Pratt & Whitney
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