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UTC Aerospace Systems Signs Long-term Boeing 787 Component Service Agreement With ST Aerospace

Stocks in this article: UTX

CHARLOTTE, N.C., June 17, 2013 /PRNewswire/ -- PARIS AIR SHOW -- UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX) and key supplier in the Boeing 787 Dreamliner program, and ST Aerospace have signed a long-term repair license agreement for maintenance, repair and overhaul (MRO) services for UTC Aerospace Systems components on the Boeing 787 aircraft.

As a licensed MRO service provider for UTC Aerospace Systems' electrical and air management systems, this partnership allows ST Aerospace to extend its nose-to-tail solutions to include services for UTC Aerospace Systems components installed on the Boeing 787, including bleedless systems and liquid cooling components. ST Aerospace will deliver reliable customised maintenance solutions to Boeing 787 operators globally.

"This relationship with ST Aerospace will bolster the levels of customer support provided for UTC Aerospace Systems' products on the 787 around the world," said Jim Patrick, vice president of Customer Service for UTC Aerospace Systems' Power, Controls and Sensing Systems segment. "ST Aerospace's strong global presence, particularly in the Asia Pacific region, completes our global 787 network structure, and their vast experience in the aircraft MRO industry will provide a unique perspective to successfully support our customers."

"We are excited at the opportunity to expand our partnership with UTC Aerospace Systems through this new aircraft platform," said Chang Cheow Teck, president of ST Aerospace. "Building upon a strong OEM solution and leveraging our global MRO network as an independent integrated service provider, we look forward to providing Boeing 787 operators with adaptive maintenance solutions that create long term growth value."

With this agreement, ST Aerospace becomes an official member of UTC Aerospace Systems' Boeing 787 MRO supplier network. Prior to this partnership, both companies had been collaborating on component repair services for various aircraft platforms.

ST Aerospace:  ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering. Operating a global MRO network with facilities and affiliates in the Americas, Asia Pacific and Europe, it is the world's largest commercial airframe MRO provider with a global customer base that includes leading airlines, airfreight and military operators. ST Aerospace is an integrated service provider that offers a spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services, including Total Aviation Support. Through its customised Maintenance-By-the-Hour (MBH ) programmes, it delivers customised reliable component and engine maintenance services to aircraft operators worldwide. ST Aerospace has global staff strength of more than 8,000 engineers and technical specialists. Please visit www.staero.aero.

UTC Aerospace Systems:  UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defence industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities.

United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries.

For updates from United Technologies Corp.'s aerospace businesses visit www.utcaero.com or follow @UTC on Twitter.

www.utcaerospacesystems.com

SOURCE UTC Aerospace Systems

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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