HARTFORD, Conn. - Recently United Technologies Corp. (NYSE: UTX) met with strategic aerospace suppliers during the company's first platform sourcing event to present opportunities for content on UTC products for the Embraer E2 aircraft. UTC anticipates significant annual spend with its suppliers connected with this platform when the E2 aircraft reaches full production.

Pratt & Whitney and UTC Aerospace Systems were selected by Embraer earlier this year to provide major components for the new E2 aircraft, scheduled to enter service in 2017. Each UTC company presented suppliers with specific sourcing opportunities. The event also included speakers from Pratt & Whitney Canada and Sikorsky with previews to other potential future platform opportunities.

"What we have in front of us is truly unprecedented," Benoit Brossoit, vice president, Operations, UTC, told suppliers. "We expect to see a ramp in production across the aerospace industry that we have never seen before. UTC has been successful in winning significant content on virtually every major aircraft program entering service in the coming years."

"In light of the anticipated growth in the aerospace industry and UTC's key aerospace program wins, we are taking the necessary steps to ensure that UTC's supply chain is fully prepared to deliver value to our customers" said Brossoit. "We are working to streamline our interface with our suppliers across UTC business units by consolidating requirements and securing capacity with increased volumes which we believe will position us to meet customer requirements."

United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. To learn more about UTC, visit the website or follow the company on Twitter: @UTC.

This release includes "forward looking statements" concerning anticipated business opportunities that are subject to risks and uncertainties, including with regard to the programs described in this release. Risks and uncertainties that could cause actual results to differ materially from those anticipated or implied in forward looking statements include the effect of economic conditions in the markets in which we operate, including financial market conditions, and fluctuation in interest rates, commodity prices and foreign currency exchange rates; levels of end market demand in the aerospace industry, including levels of demand for the new aircraft described in this release; levels of air travel; financial difficulties of commercial airlines; the financial condition of suppliers; and challenges in the design, development, production and support of advanced technologies and new products and services. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's 10-K, 10-Q and other reports filed with the SEC.

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