UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), has announced that it has been selected to supply wheels and brakes to four airlines: flydubai, JetSmart, Virgin Atlantic and Xiamen Airlines, the company said.
Taken together, the agreements include more than 160 aircraft, including multiple Boeing and Airbus platforms, and represent more than USD 56 million in new business for UTC Aerospace Systems. The announcement builds on the USD 180 million in wheel and brake selections the company announced at the Paris Air Show in June.
UTC Aerospace Systems wheels and brakes are widely used across the commercial aviation industry, having already amassed more than 17 million brake landings in service on the Boeing Next-Generation 737 and approximately 85 million brake landings in service on the Airbus A320ceo platform.
The company´s brake systems include its proprietary DURACARBÂ® carbon friction material, which allows for an average 35 percent longer brake life over competing carbon materials. This extended brake life helps airlines decrease maintenance time, thereby realizing cost savings as a result. For the 737 MAX and A320neo platforms, the 35 percent wear-rate advantage that DURACARBÂ® brakes provide translates to roughly 500 to 700 additional landings, or approximately six additional months, between brake overhauls.
UTC Aerospace Systems is one of the world´s largest suppliers of technologically advanced aerospace and defense products. UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries, supporting a global customer base with significant worldwide manufacturing and customer service facilities.
United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs.