Hamilton Sundstrand Completes Acquisition of REVIMA APU from EADS Sogerma

FARNBOROUGH, England, July 16 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- Hamilton Sundstrand, a subsidiary of United Technologies Corp. (NYSE: UTX), has purchased the remaining 49 percent interest of REVIMA APU. This interest was held by EADS Sogerma -- a business unit of EADS -- since it entered into a joint venture agreement with Hamilton Sundstrand in 2004.

REVIMA APU is now a wholly-owned Hamilton Sundstrand overhaul and repair facility, which will service aircraft Auxiliary Power Unit (APU) systems and accessories for customers worldwide. REVIMA APU is located in Caudebec-en- Caux, near Rouen, France. It employs 230 people and offers more than 35 years of turbine engine repair experience.

"The APU maintenance, repair and overhaul business has a bright future and the full ownership of this business enables us to continually improve and expand services to our airline customers," said Dave Gitlin, Hamilton Sundstrand Power Systems vice president and general manager. "We thank our former partner EADS Sogerma for their contributions over the last four years and wish them success in the future."

Since its inception in 2004, REVIMA APU has increased the number of APUs it services annually from 220 to more than 700. REVIMA APU holds certifications from the EASA, CAAC, CAAS, FAA and a number of other countries. It is capable of repairing and overhauling APUs and accessories for most Boeing and Airbus aircraft along with regional aircraft produced by EMBRAER, Bombardier, Fokker, BAE Systems and Saab. It is also the only worldwide repair facility certified to repair the PW980 APU, which is installed on the A380 aircraft.

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