Pietro Rosa TBM Signs Long-Term Agreement with Pratt & Whitney

HARTFORD, Conn.–(BUSINESS WIRE)–Pietro Rosa TBM (Turbine Blade Manufacturing) today announced that it
has signed a 10-year, long-term agreement (LTA) with Pratt & Whitney, a
division of United Technologies Corp., to supply airfoil products for
both commercial and military engines. The LTA, which may extend to the
entire Pietro Rosa TBM Group in Europe and the United States, will
support Pratt & WhitneyÔÇÖs F135, PW2000 and the Geared TurbofanÔäó (GTF)
family of engines.

This agreement represents a significant step in the collaboration
between the two companies, enabling the Pietro Rosa TBM Group to utilize
its advanced engineering capabilities and the vertical integration of
hot forming, machining and surface finishing technologies.

ÔÇ£WeÔÇÖre pleased to sign this agreement with Pietro Rosa,ÔÇØ said Art
Erikson, executive director of Strategic Sourcing, Pratt & Whitney. ÔÇ£We
have tremendous growth ahead, and suppliers like Pietro Rosa that sign
up to our contractual governance, commitment to cost competitiveness and
continuous improvement will continue to have opportunities to grow with
us.ÔÇØ

Mr. Mauro Fioretti, President and CEO of the Pietro Rosa TBM Group,
stated: ÔÇ£We feel honored to have been selected and entrusted by Pratt &
Whitney with this long-term agreement. It represents the best type of
recognition of the Pietro Rosa TBM 130-year heritage. This agreement
further supports our strategy of building long lasting business
partnerships with key OEMs, based on our passion for innovation and
mutual trust. The signing of this agreement will also provide remarkable
benefits for our communities on both sides of the Atlantic, at Pietro
Rosa TBM as well as the Connecticut-based Pietro Rosa TBM Company New
England Airfoil Products.ÔÇØ

Contacts

Pietro Rosa TBM
Clive Cunliffe, +1514 979 0575
Corporate
Strategy and Communications
[email protected]