Titanium gets 10-year UTC contract（13 Sept 2007）

Titanium Metals Corp. said Wednesday agreed to a 10-year contract worth more than $700 million to supply titanium products to United Technologies Corp. and its units.

　　The deal includes United Technologies' Pratt & Whitney, Pratt and Whitney Canada, Sikorsky Aircraft Corp. and Hamilton Sundstrand operating units.

　　 The agreement, effective as of Jan. 1, 2007, provides for Titanium Metal's supply of titanium products to United Technologies Corp. for commercial and military aircraft and aircraft engines.
Revenue over the term of the agreement is expected to be more than $700 million.

　　 Titanium Metals shares rose 60 cents to $31.07 during aftermarket electronic trading, after ending regular trading up 4 cents at $30.47.
　　Shares of United Technologies added 17 cents to $74.84. – Associated Press