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Eaton Supplying Complete Lubrication System to Rolls-Royce for F-35B Joint Strike Fighter.

IRVINE, Calif. -- Diversified industrial manufacturer Eaton Corporation's (NYSE:ETN) aerospace business is supplying lubrication systems for the Rolls-Royce LiftFan(R). Rolls-Royce is developing the LiftFan as part of the Rolls-Royce LiftSystem(R), part of a System Development and Demonstration subcontract from Pratt & Whitney, for the F135 STOVL propulsion system for the Joint Strike Fighter program.

The Rolls-Royce LiftSystem is comprised of the LiftFan, Roll Posts and 3 Bearing Swivel Module. Current value to Eaton is $38 million based on a current production level of a total of 759 aircraft over the life of the program.

Eaton has been responsible for managing the lubrication system's overall development process, including the management of multiple component suppliers to achieve the established technical specifications and guarantee the overall program's performance, schedule and cost goals.

The unique lubrication system represents the culmination of an earlier 18-month development program. The system incorporates Eaton's lube reservoir as well as pump, filter, FCOC and special valve from partner suppliers. The integrated lube reservoir also utilizes Eaton's unique deaerator and related accessories.

In the aerospace industry, Eaton is a leading supplier of hydraulic, electro-hydraulic pump and generator products and integrated systems; electric motors; aircraft flap and slat systems; fluid conveyance products and systems; nose wheel steering systems; integrated control systems; cockpit controls; power and load management systems; pressure sensors and fluid debris monitoring products and systems.

Eaton Corporation is a diversified industrial manufacturer with 2003 sales of $8.1 billion. Eaton is a global leader in fluid power systems and services for industrial, mobile and aircraft equipment; electrical systems and components for power quality, distribution and control; automotive engine air management systems and powertrain controls for fuel economy; and intelligent drivetrain systems for fuel economy and safety in trucks. Eaton has 55,000 employees and sells products to customers in more than 100 countries. For more information, visit www.eaton.com.

This news release contains forward-looking statements concerning the revenue value of the contract for the F-35 JSF LiftFan Lubrication System. These statements should be used with caution. The statements are subject to various risks and uncertainties, some of which are outside the control of the company. Important factors that could cause actual results to differ materially include market conditions for the LiftFan Lubrication System and unexpected technical difficulties. We do not assume any obligation to update this forward-looking statement. The JPO approval number is JSF04-1071.
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 10, 2004
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