Alp Aviation Signs $480 Million Long-Term Agreement to Provide Machined Parts for Pratt & Whitney's PurePower® Engine Family

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Alp Aviation signed an eleven-year agreement with Pratt & Whitney, a United Technologies Corp. company (NYSE: UTX), potentially worth approximately $480 million, including raw material input costs. Under this agreement, ALP will provide large and small machined parts for the PW1200G engine for the Mitsubishi Regional Jet (MRJ), the PW1500G engine for the C Series aircraft, the PW1100G-JM engine for the Airbus A320neo, and the PW800 engine for the Gulfstream G800.

"At Alp Aviation, we are proud to further strengthen our relationship with Pratt & Whitney," said Senay IDIL, general manager, Alp Aviation. "We have demonstrated our ability and are committed to meeting Pratt & Whitney's high quality, cost and delivery standards. We have achieved this by investing in not only manufacturing technologies, but our people. As a company, we are eager to help Pratt & Whitney capitalize on significant growth opportunities."

"We selected Alp Aviation due to its strong production capability, its high quality standards, and its ability to provide the most value for Pratt & Whitney," said Sergio Loureiro, vice president, Global Supply Chain, Pratt & Whitney. "Alp Aviation is a high-performing supplier on its path to achieving UTC Supplier Gold. The Supplier Gold program helps suppliers advance their overall operations, enabling further growth by improving performance. It is the way forward for doing business with Pratt & Whitney and UTC."

The agreement includes UTC's "One Company" terms and conditions, which provides for a common contracting approach between UTC and its suppliers; thereby, facilitating future collaboration between such suppliers and UTC's aerospace businesses.

About Alp Aviation

Alp Aviation is a privately owned company with absolute dedication to the aerospace industry and its highest standards. With its strong engineering resources, efficient operations and lean manufacturing methods, Alp Aviation successfully competes in the global arena and continues to exceed customers` expectations of quality and on time delivery.

The third largest aerospace exporter in Turkey, Alp Aviation has two facilities in Eskisehir with a combined production area of 253,000 square feet. With its extensive experience in machining and processing titanium, aluminum, steel, stainless steel, copper alloys and super alloys, Alp manufactures finished precision parts and mechanical assemblies for the aerospace industry. Alp Aviation utilities new generation multi-axes machining centers, CMM quality control, applies special processes, makes assembly operations and does the final acceptance tests.

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