Le Lézard
Classified in: Transportation, Business
Subject: CON

On A Roll: UTC Aerospace Systems Surpasses $565 Million In New Commercial Wheel And Brake Wins Since The Beginning Of 2018


FARNBOROUGH INTERNATIONAL AIR SHOW, July 17, 2018 /PRNewswire/ -- UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), today announced that it has surpassed $565 million in new commercial wheel and brake selections since the beginning of 2018. This encompasses more than 875 firm scheduled aircraft deliveries across 15 airlines, and multiple Boeing and Airbus platforms, including:

Of particular note, this includes the industry's first wheel and brake selections for the 777-8/-9.

UTC Aerospace Systems is making critical investments in its global MRO infrastructure. In London, the company recently relocated to a new, 50,000 square-foot facility that is 50 percent larger than the previous site. The London Service Center is one of six that UTC Aerospace Systems' wheel and brake division maintains around the world, and it serves as the hub for wheel and brake MRO support across Europe, the Middle East and Africa. On average, the London center services 14,000 wheels annually, along with 5,000 heat sinks and 2,500 brakes, for more than 60 airline customers.  

Similarly, the company previously  announced that it had doubled the size of its Hong Kong wheel and brake MRO facility, moving to a new, 66,000-square foot location. The Hong Kong facility serves as the UTC Aerospace Systems' hub for wheel and brake MRO support across the Asia Pacific region.

"We are investing in the growth and capability of our MRO service center network to ensure we are ready for the expanding fleet of aircraft that operate with our wheels and brakes," said UTC Aerospace Systems Landing Systems President Jim Wharton. "This is in addition to the large investments we made over the past several years to expand our carbon brake disk manufacturing capacity."

UTC Aerospace Systems is an industry leader in wheels and brakes, and the company is known for its patented DURACARB® carbon friction material that delivers an average of 35 percent longer brake life over competing carbon materials, enabling airlines to decrease maintenance time and realize additional cost savings. 

About UTC Aerospace Systems
UTC Aerospace Systems is one of the world's largest suppliers of technologically advanced aerospace and defense products. UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries, supporting a global customer base with significant worldwide manufacturing and customer service facilities. For more information about the company, visit our website at www.utcaerospacesystems.com or follow us on Twitter: @utcaerosystems

About United Technologies Corporation
United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs. For more information about the company, visit our website at www.utc.com or follow us on Twitter: @UTC

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production support, performance and realization of the anticipated benefits of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.

SOURCE UTC Aerospace Systems


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