P&WC and MTU Join Forces to Pursue UAV Opportunities in Europe

(Longueuil, Quebec, May 27, 2008) -- Pratt & Whitney Canada (P&WC) and MTU Aero Engines GmbH signed today a memorandum of understanding (MOU) to jointly pursue business opportunities in the growing unmanned aerial vehicle (UAV) market in Europe. Under the five-year agreement, P&WC and MTU will cooperate in positioning themselves for participation in future European UAV programs. Pratt & Whitney Canada is a United Technologies (NYSE: UTX) company.

"This MOU is an important step in positioning ourselves for success in the emerging European UAV market," said Michael Perodeau, vice president, Corporate Aviation and Military Engines, P&WC. "We have been doing business with MTU for nearly a quarter of a century and look forward to working closely with them to explore opportunities in this promising sector."

"The emerging UAV market has a strong demand for commercial off-the-shelf (COTS) engines, mainly out of the business aviation segment. P&WC product portfolio and MTU's technical capability and logistic footprint in Europe are complementary," added Michael Schreyoegg, Senior Vice President Defence Programs, MTU Aero Engines.

Source : Pratt & Whitney

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