Pratt & Whitney Announces More Than 1,000 New Engine Orders

Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), announced new orders for more than 1,000 engines, including options, at the 2013 Paris Air Show.

The company’s new commercial engine announcements include orders from customers around the world for new PurePower®, IAE V2500 and Pratt & Whitney PW4000 engines. With new PurePower engine orders announced this week, Pratt & Whitney now has more than 4,500 orders and commitments, including options, from more than 40 customers around the world, which helped the company maintain its lead position of more than 50 percent of Airbus A320neo engine orders.

“2013 has been a tremendous year for the PurePower engine and we’re very pleased with the amount of confidence customers are showing in it,” said Pratt & Whitney President David Hess. “The engine continues to achieve major milestones – including last month’s first test flight of the PW1100G-JM engine that will power the Airbus A320neo. We are also making tremendous progress on the F135 program in delivering the safest, most affordable and reliable propulsion system for our U.S. and international partners, and for a growing community of allied nation customers. The future remains bright for Pratt & Whitney.”