United Technologies Closes on Rocketdyne Deal

                United Technologies Closes on Rocketdyne Deal

PR Newswire

HARTFORD, Conn., June 14, 2013

HARTFORD, Conn., June 14, 2013 /PRNewswire/ --United Technologies Corp.
(NYSE: UTX) today announced it has closed on the sale of substantially all
operations of its Pratt & Whitney Rocketdyne unit to GenCorp (NYSE: GY),
except for its interest in the RD Amross joint venture.This interestis
expected to transfer to GenCorp following regulatory clearances in Russia. The
sale of Pratt & Whitney Rocketdyne concludes UTC's major portfolio
transformation activities, enabling the company to focus on its core aerospace
and commercial businesses.

United Technologies Corp., based in Hartford, Connecticut, is a diversified
company providing high technology products and services to the building and
aerospace industries worldwide. For more information, visit our website at
www.utc.com or follow us on Twitter: @UTC.

This release includes "forward looking statements" concerning a proposed
transaction, its financial and business impact, management's beliefs and
objectives with respect thereto, and management's current expectations for our
future operating and financial performance, based on assumptions currently
believed to be valid. These forward looking statements involve significant
risks and uncertainties that could cause actual results to differ materially
from those anticipated, including but not limited to the ability to realize
opportunities for growth and innovation. Other important economic, political,
regulatory, legal, technological, competitive and other uncertainties are
identified in the SEC filings submitted by UTC from time to time, including
their respective Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K,
and Current Reports on Form 8-K. The forward looking statements included in
this press release are made only as of the date hereof. UTC does not undertake
any obligation to update the forward looking statements to reflect subsequent
events or circumstances.

UTC-IR

Contact: Ian Race
(860) 728-6515

SOURCE United Technologies Corp.

Website: http://www.utc.com
 
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