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Schweizer Aircraft, Summit Aviation Working Toward New Somerset, Ky. Manufacturing Facility

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Schweizer Aircraft, Summit Aviation Working Toward New Somerset, Ky. Manufacturing Facility

November 03, 2006

  SOMERSET, Kentucky - Schweizer Aircraft has signed a memorandum of understanding (MOU) with Summit Aviation to work toward establishing a new facility at Somerset Pulaski Airport to supply aerospace components for the company's growing homeland security and military aircraft product lines. Schweizer is part of Sikorsky Aircraft, based in Stratford, Conn. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE:UTX).

Under the MOU, the two companies are discussing an agreement under which Delaware-based Summit Aviation would open a new 15,000 square foot facility in early 2007 with an initial group of 15 technicians drawn from the local area. The facility would have capacity to expand if warranted by business conditions.

The MOU also specifies components Summit could provide to Schweizer for various aircraft used by U.S.military services, border patrol agencies, and law enforcement including; the RU-38B manned surveillance aircraft, the BLACK HAWK helicopter, the Fire Scout unmanned aerial vehicle, and the Schweizer 333TM helicopter.

Sikorsky President Jeffrey Pino and Paul Schweizer, president of Schweizer Aircraft, announced the MOU at a ceremony held today in the proposed facility at the Somerset Pulaski Airport with Kentucky federal, state and county officials.

Sikorsky Aircraft Corporation is a world leader in helicopter design, manufacturing and service. United Technologies Corp. (NYSE: UTX), of Hartford, Conn., provides a broad range of high-technology products and support services to the aerospace and building systems industries.

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