Hamilton Sundstrand Signs Repair Services Agreement with SR Technics

Hamilton Sundstrand has signed an exclusive seven-year agreement with SR Technics to provide repair services on electric power generating system components to support its growing airline customer base.


FARNBOROUGH AIR SHOW, FARNBOROUGH, England, July 14 /PRNewswire-FirstCall/ -- Hamilton Sundstrand, a subsidiary of United Technologies Corp. (NYSE: UTX), signed an exclusive seven-year agreement with SR Technics to provide repair services on electric power generating system components to support its growing airline customer base.

"Hamilton Sundstrand is pleased to be chosen for its component repair services," said Mike Dumais, Hamilton Sundstrand Customer Service vice president and general manager. "It's a testament to our quality of service and technological capabilities."

SR Technics is an independent provider of technical services for the civil aviation sector. The SR Technics Group offers its customer airlines solutions for the technical support and management of their aircraft fleets, engines and components. With its head office at Zurich Airport, SR Technics provides its services through a network of international operations and sales offices in Europe, Asia and the Middle East. About 500 airline customers currently entrust some 750 aircraft, 300 engines and 78,000 components a year to its care. The company has a workforce of around 5,400 employees and generated total operating revenue of CHF 1.85 billion in 2007.

SR Technics is owned by a consortium from the United Arab Emirates composed of Mubadala Development, Dubai Aerospace Enterprise (DAE) and Istithmar World, which acquired the company in November 2006. For further information please visit www.srtechnics.com.

With 2007 revenues of $5.6 billion, Hamilton Sundstrand employs approximately 19,000 people worldwide and 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.

SOURCE Hamilton Sundstrand

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