Press Release


Advanced Turbine Engine Company Announces Key Leadership

ATEC Developing Replacement Engine for UH-60 Black Hawk and AH-64 Apache Helicopters

AUSA, Washington, D.C., Oct. 25, 2010 – The Advanced Turbine Engine Company LLC (ATEC), the new joint venture between Honeywell (NYSE: HON) and United Technologies Corporation’s (NYSE: UTX) Pratt & Whitney, has selected its senior leadership team, including its new president, Craig Madden. ATEC was created to develop a more efficient, more powerful engine for UH-60 Black Hawk and AH-64 Apache helicopters.

Craig Madden will lead ATEC as president. Madden joined Honeywell in September 2006 as director of U.S. Army and helicopter programs after 30 years of Army service.  In the Army, he was an aviation brigade commander and served with the Joint Chiefs of Staff.

Jerry Wheeler is vice president, programs, reporting to Madden.  Wheeler brings 28 years of experience to ATEC from leadership positions in engineering, operations and program management at Pratt & Whitney.  Wheeler has been a member of the ATEC team since the joint venture was launched in late 2007.

"The Advanced Turbine Engine Company brings together the world-class engineering, manufacturing, and production capabilities of two industry-leading companies to build the most advanced and fuel efficient 3,000 shaft horsepower (SHP) turbine engine for military and commercial applications," said Madden.  "Together, Honeywell and Pratt & Whitney have developed over 70 different engine models in just 12 years, so we’re fortunate that we can utilize ‘best in class’ technologies from each company.  ATEC looks forward to fielding a new engine for the UH-60 Black Hawk and AH-64 Apache that will provide a significant increase in capability to the war fighter.  The entire ATEC team is very excited to be working on this program."

“ATEC is a strong company and the additions to our leadership team will make us even stronger,” Wheeler said.  “We are on track to demonstrate our capabilities through testing of the AATE demonstrator engine in 2010 and 2011, and are strengthening our focus on preparations for the Engineering and Manufacturing Development (EMD) phase.”

In 2007, Honeywell and Pratt & Whitney formed ATEC, LLC, and announced the intent to submit a joint proposal to the U.S. Army’s Aviation Applied Technology Directorate to develop an advanced turboshaft engine for the Advanced Affordable Turbine Engine (AATE) technology demonstrator program.  ATEC was awarded a contract for the AATE program in 2008.  The AATE demonstrator program is designed to validate the technologies needed to achieve the Army’s aggressive performance goals of 65 percent improvement in shaft horsepower/weight ratio and a 25 percent improvement in specific fuel consumption (SFC) for the next generation 3,000 SHP turboshaft engine.

About Pratt & Whitney
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. Pratt & Whitney military engines include the F100 family that powers the F-15 and F-16, the F119 for the F-22 Raptor, the F135 for the F-35 Lightning II, the F117 for the C-17 Globemaster III, the J52 for the EA-6B Prowler, the TF33 powering AWACS, Joint STARS, B-52, and KC-135 aircraft, TF30 for the F-111.  In addition, Pratt & Whitney offers a global network of MRO and MAS focused on maintaining engine readiness for our customers. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.

About Honeywell
Based in Phoenix, Arizona, Honeywell’s aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations. Honeywell’s military engines include the AGT1500 powering the Abrams Family of Main Battle Tanks, the HTS900 helicopter engine, the T55-GA-714A powering the Boeing CH-47 Chinook, the T53 powering the UH-1H and Cobra helicopters, and the LHTEC T800 powering the Augusta Westland Super Lynx and Future Lynx helicopters.

Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges.  For more news and information on Honeywell, please visit www.honeywellnow.com.

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement priorities and practices or in the number of aircraft to be built; challenges in the design, development, production and support of technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the companies’ Securities and Exchange Commission filings.

Media Contacts:

Carrie Sinclair
Honeywell
602.365.2324
carrie.sinclair@honeywell.com

Stephanie Duvall
Pratt & Whitney Military Engines
860.557.1382
stephanie.duvall@pw.utc.com

 

Media Relations Contact

Carrie Sinclair
Honeywell
602.365.2324
carrie.sinclair@honeywell.com

Stephanie Duvall
Pratt & Whitney Military Engines
860.557.1382
stephanie.duvall@pw.utc.com