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Hamilton Sundstrand Completes Acquisition of REVIMA APU from EADS Sogerma

Written by thomas · Filed Under Aeronautics News 

July 17, 2008

thomas

FARNBOROUGH, England, July 16 /PRNewswire-FirstCall/ — FARNBOROUGH AIR
SHOW — Hamilton Sundstrand, a subsidiary of United Technologies Corp.
(NYSE: UTX), has purchased the remaining 49 percent interest of REVIMA APU.
This interest was held by EADS Sogerma — a business unit of EADS — since
it entered into a joint venture agreement with Hamilton Sundstrand in 2004.

REVIMA APU is now a wholly-owned Hamilton Sundstrand overhaul and
repair facility, which will service aircraft Auxiliary Power Unit (APU)
systems and accessories for customers worldwide. REVIMA APU is located in
Caudebec-en- Caux, near Rouen, France. It employs 230 people and offers
more than 35 years of turbine engine repair experience.

“The APU maintenance, repair and overhaul business has a bright future
and the full ownership of this business enables us to continually improve
and expand services to our airline customers,” said Dave Gitlin, Hamilton
Sundstrand Power Systems vice president and general manager. “We thank our
former partner EADS Sogerma for their contributions over the last four
years and wish them success in the future.”

Since its inception in 2004, REVIMA APU has increased the number of
APUs it services annually from 220 to more than 700. REVIMA APU holds
certifications from the EASA, CAAC, CAAS, FAA and a number of other
countries. It is capable of repairing and overhauling APUs and accessories
for most Boeing and Airbus aircraft along with regional aircraft produced
by EMBRAER, Bombardier, Fokker, BAE Systems and Saab. It is also the only
worldwide repair facility certified to repair the PW980 APU, which is
installed on the A380 aircraft.

With 2007 revenues of $5.6 billion, Hamilton Sundstrand employs
approximately 19,000 people worldwide and is headquartered in Windsor
Locks, Conn. Among the world’s largest suppliers of technologically
advanced aerospace and industrial products, the company designs,
manufactures and services aerospace systems and provides integrated system
solutions for commercial, regional, corporate and military aircraft. It
also is a major supplier for international space programs.

United Technologies Corp., based in Hartford, Conn., is a diversified
company providing high technology products and services to the building and
aerospace industries worldwide.

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