Pratt & Whitney Rocketdyne Completes Acquisition of ARDE

(Canoga Park, Calif., November 25, 2008) -- Pratt & Whitney Rocketdyne has completed the acquisition of ARDE, Inc., an industry-leading manufacturer of high performance spacecraft and missile propulsion components. Financial details of the acquisition were not disclosed. Pratt & Whitney Rocketdyne is a United Technologies Corp. (NYSE:UTX) company.

ARDE, located in Carlstadt, N. J., produces pressure vessels, propellant tanks and support structures, and provides integration of propulsion subassemblies. The company has more than 60 years of in-flight incident-free service to the space and missile industry, and has produced over 4,000 spacecraft and missile tanks.

"The addition of ARDE to Pratt & Whitney Rocketdyne enhances our offering of superior quality, leading edge products and services to our customers," said Jim Maser, president, Pratt & Whitney Rocketdyne. "We see ARDE as a key enabler of our growth as a full-service provider of integrated propulsion solutions to the commercial, military and civilian space market."

Source : Pratt & Whitney

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