NASA’s Johnson
Space Center has selected Hamilton Sundstrand to be the prime contractor for
its Extravehicular (EVA) Systems, which includes the spacesuit, all related
tools and crew aids, training support and on-site engineering. Hamilton
Sundstrand, a key NASA contractor since the early 1960s, said the program
would be one of the largest space programs it has ever undertaken and could be
worth more than $800 million in revenue over 10 years.

Under the EVA Systems contract, all of the activities associated with the
spacesuit, its engineering and flight and training support, and EVA tools and
crew aids will be consolidated. The goal is to save NASA money and provide a
single point of contact for management accountability, Hamilton Sundstrand, to
NASA.

Hamilton Sundstrand will lead a team of four other companies that already
perform work for NASA: ILC Dover, Oceaneering Space Systems, United Space
Alliance and Boeing. Integration of these contracts and activities is
designed to consolidate work, increase efficiency and provide effective end-
to-end management of all activities and equipment associated with spacewalks.

Hamilton Sundstrand designs and manufactures environmental control, life
support and other systems for a variety of space applications, including the
Space Shuttle orbiters and the International Space Station, and since the
1980s has been the prime contractor to NASA for the spacesuit used by U.S.
astronauts for work outside the shuttle or station.

A subsidiary of United Technologies Corporation , Hamilton
Sundstrand is headquartered in Windsor Locks, Connecticut. It is a world
leader in the design, manufacture and service of aerospace and industrial
systems.

This release includes forward looking statements that are subject to risks
and uncertainties, including those related to the anticipated benefits and
elements of the contract. Factors that could cause actual results to differ
materially from those anticipated include delays in obtaining government
approvals and uncertainties in approval of government funding for the
contract. For additional information identifying technological, government
procurement policies and other important factors that could cause actual
results to differ materially from those anticipated in the forward looking
statements, see UTC’s SEC filings as updated from time to time.