Press release

Pratt & Whitney Canada Awarded Contract to Provide Hardware to Pratt & Whitney's F135 Engine for JSF Aircraft

NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: PRATT & WHITNEY CANADA

OCTOBER 12, 2004 - 10:36 ET

Pratt & Whitney Canada Awarded Contract to Provide
Hardware to Pratt & Whitney's F135 Engine for JSF
Aircraft

LONGUEUIL, QUEBEC--(CCNMatthews - Oct. 12, 2004) - Pratt & Whitney
Canada (P&WC) has been awarded a contract to provide engine critical
hardware to the Pratt & Whitney (P&W) F135 engine system for the new
Lockheed Martin F-35 Joint Strike Fighter. The contract covers the
production of the F135's 5th Stage High Pressure Compressor (HPC)
Integrally Bladed Rotor (IBR) and under this contract P&WC will deliver
hardware to the F135 System Design and Demonstration (SDD) ground test
and flight test engines and later to production engines.

"This important contract reflects the world-class capabilities of our
organization," said Alain M. Bellemare, President, P&WC. "By constantly
investing in R&D and applying the latest technologies, we have become a
recognized leader in the aerospace sector. The fact that we are
leveraging our know-how to win international contracts is good news for
our company and will benefit the Canadian economy as a whole."

"The Pratt & Whitney F135 Program relies heavily on the industries of
the nine JSF partner nations for best value, high technology capable
suppliers as we work to complete the development of the world's most
advanced propulsion system, the F135," said Louis Chenevert, President
of Pratt & Whitney. "The aerospace industry of Canada has been an
important part of our team in the development of the F135 Propulsion
System and companies like Pratt & Whitney Canada have proved to be
extremely reliable, affordable and adept suppliers to the F135 Program,"
continued Chenevert.

"Pratt & Whitney is committed to identifying new opportunities for Pratt
& Whitney Canada and the rest of our Canadian supplier base to add value
to the F135. We are confident that there will be many more celebrations
like this one as we transition from development phase to the production
phase of the F135 beginning in 2005."

The 5th Stage IBR is a major rotating component in the F135's compressor
module. This titanium IBR was designed to take full advantage of the
technologically advanced high-speed blade milling capabilities available
at P&WC, a world-class leader in the production of titanium IBR's. The
use of IBR's helps the F135 meet aggressive weight and performance
requirements by reducing the total number of parts in an engine. One
IBR can replace over 100 separate pieces, by incorporating the
individual blades and the rotating disk into one solid piece. Using the
efficient manufacturing capabilities at P&WC also helps meet F135
affordability goals.

P&WC, based in Longueuil, Quebec, is a world leader in aviation engines
powering business and regional aircraft and helicopters. The company
also offers advanced engines for industrial applications. P&WC's
operations and service network span the globe. P&WC is a subsidiary of
United Technologies Corporation (NYSE:UTX), a high-technology company
based in Hartford, Connecticut.

Pratt & Whitney, a United Technologies (NYSE:UTX) company, is a world
leader in the design, manufacture and service of aircraft engines, space
propulsion systems and industrial gas turbines.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Pratt & Whitney Canada

Nancy German

Vice President - Communications

(450) 647-4117

(450) 647-4183 (FAX)

Nancy.german@pwc.ca

Web Site: www.pwc.ca