UTC Aerospace Systems' Landing Systems business marked a major milestone recently when it delivered its 5,000th set of landing gear for a Next-Generation 737 to Boeing. The gear components were delivered from their final integration site, the Landing Systems facility in Everett, Washington. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE: UTX).
The Everett facility supports the Boeing production line through provision of fully integrated gear, complete with wheels and brakes installed. Multiple deliveries each day from UTC Aerospace Systems to Boeing support production lines in a manner consistent with a Lean Manufacturing philosophy.
"Our Everett facility is designed to meet Boeing's need for just-in-time delivery," said Dave Castagnola, president of UTC Aerospace Systems Landing Systems. "We provide fully dressed gear – ready for attachment to Boeing aircraft – that can be installed within hours of delivery."
The Landing Systems business also provides landing gear for other Boeing airplanes, including the Boeing 747-8, 767 and 777. Landing Systems additionally provides wheel and brake equipment for the 737, 747, 767, 777 and 787 Dreamliner. UTC Aerospace Systems' global network of maintenance, repair and overhaul facilities provides worldwide technical support for the equipment.
Boeing is scheduled to deliver its 5,000th Next-Generation 737 in late July. The 737 became the first-ever commercial jet airplane to surpass the 10,000-order milestone in July 2012.
UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities
United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries.
"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 levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; as well as other risks and uncertainties, including but not limited to those detailed from time to time in UTC's Securities and Exchange Commission filings."
Source: UTC Aerospace Systems
Date: Jul 30, 2014