Boeing

WASHINGTON, Feb. 28, 2013 -- Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. [NYSE: UTX], and Boeing [NYSE: BA] will submit a joint proposal to build a demonstrator aircraft -- based on Sikorsky’s X2™ Technology rotorcraft design -- for the U.S. Army's Joint Multi-Role (JMR) Technology Demonstrator (TD) Phase 1 program.

The JMR TD program supports the Army's Future Vertical Lift initiative to deliver the next generation of vertical lift utility and attack aircraft.

"The Sikorsky and Boeing proposal will demonstrate how X2 Technology, with its counter-rotating coaxial main rotors, pusher propeller, and advanced fly-by-wire system, will deliver efficient 230-knot cruise airspeed, improved hover efficiency, and weight-optimized design in an affordable package," said Samir Mehta, president of Sikorsky Military Systems. "By leveraging our proven design, we can offer the Army reduced risk, a 100-knot improvement in speed, a 60 percent improvement in combat radius, and 50 percent better high-hot hover performance."

"The Sikorsky-Boeing team for JMR TD is truly a team of equals," said Leanne Caret, vice president and general manager of Boeing's Vertical Lift division. "Sikorsky will take the lead role in this JMR TD Phase 1 proposal, and Boeing will take a lead role for Phase 2, the mission systems demonstrator program.

"Our companies are fully committed to the long-term nature of the Future Vertical Lift initiative, and we will contribute equally in terms of capital, technological capability and risk on our path to meeting the Army's requirements," said Caret.

Proposals for JMR TD Phase 1 are due to the U.S. Army Aviation Applied Technology Directorate by March 6. The Army is expected to announce its selection of one or more winning bids in late 2013. Demonstrator aircraft are expected to fly in 2017.

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 $33 billion business with 59,000 employees worldwide. Follow us on Twitter: @BoeingDefense.

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X2 is a registered trademark of Sikorsky Aircraft Corporation

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.

Contact:

Frans Jurgens
Sikorsky Aircraft Corporation
Office: +1 203-386-6443
Mobile: +1 203-615-8293
frans.jurgens@sikorsky.com

Damien Mills
Boeing Defense, Space & Security
Office: +1 610-591-7005
Mobile: +1 314-600-4696
damien.mills@boeing.com