Microturbo Assumes Responsibility for Bizjet Development APU Programs; Company to Collaborate with Pratt & Whitney AeroPower on Future APU Programs

Microturbo (Safran, NYSE: SAFRAN), and Pratt & Whitney AeroPower, a subsidiary of United Technologies Corp. (NYSE: UTX), announced today Microturbo will assume full responsibility for the design, production, product support and service of the APS2[800] and APS500[D] APU programs for Bombardier and Dassault Aviation. The companies will also extend their existing relationship to allow collaboration on future business jet and regional APU programs. In such cases, Microturbo would lead on opportunities in the business jet APU segment and Pratt & Whitney AeroPower would lead on opportunities in the regional APU segment.

"This agreement is a major milestone in Microturbo's strategy. The reinforcement of our skill-set and the development of our industrial structure and our Support and Services network will help satisfy the requirements of our current and future customers. Our team is fully engaged in pursuing the development, certification and support of the APS2[800] and APS500[D] APUs. We are also delighted to extend our partnership with Pratt & Whitney AeroPower to other development programs," said Pierre-Yves Morvan, CEO of Microturbo.

"Pratt & Whitney AeroPower continues to bring innovative products and services to the industry. We are proud of the significant milestones achieved on these two development APU programs with Microturbo and are committed to supporting them to ensure a seamless transition," said Eileen Drake, vice president and general manager, Pratt & Whitney AeroPower. "We remain focused on delivering dependable APUs to our commercial and military customers, and look forward to collaborating with Microturbo on future APU programs."

The collaboration was initiated in 2011 to develop new-generation electrical and bleed auxiliary power units for the business jet. The APS2[800] APU is designed for Bombardier's Global 7000 and 8000 aircraft. The APS 500[D] is the APU for Dassault's Aviation Falcon 5X.

Microturbo (Safran) specializes in the design and production of high-technology power systems and propulsion systems. State-of-the-art and reliable power solutions offered include the large proven range in Microturbo gas turbines, but also innovations resulting of an important R&D investment and strategic partnerships. Microturbo is a world leader in the field of power systems and propulsion systems and has delivered over 13,000 units.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, auxiliary power units, and small turbojet propulsion products. United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.​

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