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Sikorsky, Boeing Partner for Joint Multi-Role Future Vertical Lift Requirements

      Sikorsky, Boeing Partner for Joint Multi-Role Future Vertical Lift
                                 Requirements

- Sikorsky, Boeing to offer best value and technical capability for next
generation of US Army medium lift helicopters

PR Newswire

WASHINGTON, Jan. 18, 2013

WASHINGTON, Jan. 18, 2013 /PRNewswire/ -- Sikorsky Aircraft Corp., a
subsidiary of United Technologies Corp. (NYSE: UTX), and Boeing (NYSE: BA)
signed a teaming agreement on Jan. 13 to submit a joint proposal in response
to the U.S. Army Aviation Applied Technology Directorate solicitation for the
Army's Joint Multi-Role (JMR) Technology Demonstrator (TD) Phase 1 program. 

(Logo: http://photos.prnewswire.com/prnh/20060403/SIKORSKYLOGO )

The JMR TD supports the Department of Defense's Future Vertical Lift program
to deliver the next generation of vertical lift aircraft with greater
performance, reliability and affordability.

"We are excited about this opportunity and for our customer. The Sikorsky and
Boeing team brings together exceptional technical expertise," said Mick
Maurer, president of Sikorsky Aircraft Corp. "Our customer can be assured this
collaboration will bring together innovative, industry-leading engineering
expertise with a deep bench of program leadership talent, and builds upon the
combined resources of both companies to deliver a revolutionary capability for
the warfighter at an affordable cost for the U.S. taxpayer." 

"Our teaming agreement is the continuation of a long-standing relationship
between Boeing and Sikorsky and reflects a common vision for the future of
Army aviation," said Chris Chadwick, president of Boeing Military Aircraft.
"Our combined technical strengths and our collective program management
expertise make this partnership an exciting development in meeting the Army's
JMR program objectives."

The Sikorsky and Boeing team will compete to build and fly one or more
demonstrator aircraft in 2017 to be evaluated for next-generation vertical
lift performance in a medium-lift-sized aircraft.

Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in
aircraft design, manufacture and service.United Technologies Corp., based in
Hartford, Conn., provides a broad range of high-technology products and
support services to the aerospace and building systems industries.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the
world's largest defense, space and security businesses specializing in
innovative and capabilities-driven customer solutions, and the world's largest
and most versatile manufacturer of military aircraft. Headquartered in St.
Louis, Boeing Defense, Space & Security is a $32 billion business with 60,000
employees worldwide. Follow us on Twitter: @BoeingDefense.

Forward-Looking Information Is Subject to Risk and Uncertainty

This press release contains forward-looking statements concerning
opportunities for development, production and sale of helicopters. The
opportunities discussed may not lead to actual development or production by
the parties due to a number of risks and uncertainties, including but not
limited to changes in government procurement priorities and practices, budget
plans, availability of funding and in the type and number of aircraft
required; decisions to award contracts to competing suppliers; challenges in
the design, development, production and support of advanced technologies; as
well as other risks and uncertainties, including but not limited to those
detailed from time to time in United Technologies Corporation's and The Boeing
Company's Securities and Exchange Commission filings.

SOURCE Sikorsky Aircraft Corp.

Website: http://www.sikorsky.com
Contact: Frans Jurgens, Sikorsky Aircraft Corporation, Office:
+1-203-386-6443, or Mobile: +1-203-615-8293, frans.jurgens@sikorsky.com; or
Damien Mills, Boeing Defense, Space & Security, Office: +1-610-591-7005, or
Mobile: +1-314-600-4696, damien.mills@boeing.com
 
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