For Release: Immediay
Date: 2010-04-14
Contact: Alison Dittmeier, Media Relations & Communications Manager
949/851-3515
Parker Aerospace
adittmeier@parker.com
XI’AN, CHINA, April 15, 2010 – Parker Aerospace, a business segment of Parker Hannifin Corporation （NYSE: PH）, the global leader in motion and control technologies, and Commercial Aircraft Corporation of China, Ltd. （COMAC） held a contract-signing ceremony today naming Parker the primary fly-by-wire flight control actuation system provider for the new COMAC C919 large aircraft. The ceremony was attended by Parker Aerospace, COMAC executives, and local city officials. Primary flight control actuation system. Parker Aerospace’s Control Systems Division will develop the C919’s primary flight control actuation system. The fly-by-wire system will include horizontal stabilizer trim actuation and motor control; aileron, rudder, spoiler, and elevator actuators; and remote electronic units. Hydraulic, fuel, and inerting systems. Parker Aerospace will also be responsible to provide the hydraulic, fuel, and inerting systems for the C919. The hydraulic system features a control and monitoring software package for the C919 integrated modular avionics controller and provides the functions necessary to power and control the aircraft’s flight control system, landing gear and steering systems, and thrust-reversers. The fuel system equipment will handle multiple functions for the aircraft’s fuel system and includes engine feed, auxiliary power unit feed, refuel and defuel, venting, scavenge, fuel quantity gauging, and integrated modular avionics fuel gauging and management software. The inerting system includes the conditioned air supply and electronic control, as well as nitrogen-enriched air generation and distribution, reducing the flammability of fuel vapors in the aircraft’s fuel tanks and increasing aircraft safety. “Parker is very pleased to have been awarded these four key systems packages on the C919,“ said Parker Aerospace President Bob Barker. “The systems wins on this aircraft provide a solid platform to grow our business and provide the best, most competitive products in the fastest growing aerospace market in the world.” Contracts revenue for the four systems will exceed US$4 billion over the life of the program for Parker.
About Parker Aerospace. Parker Aerospace is an operating segment of Parker Hannifin Corporation. Parker Aerospace designs, manufactures, and services hydraulic, fuel, flight control, fluid conveyance, and engine components and systems for aerospace and other high-technology markets. Based in Irvine, California, its product lines include primary and secondary flight control actuation, power generation and control components, thrust-reverser actuation systems, electrohydraulic servovalves, electric motor-driven hydraulic pumps, fuel pumps, motor-operated valves and fuel equipment, lubrication oil reservoirs, lubrication and scavenge pumps, fuel measurement and management systems, cockpit instrumentation, flight inspection systems, lightning-safe products, pneumatic subsystems and components, fluid metering delivery and atomization devices, wheels, brakes, and fluid conveyance products such as hoses, tubes, disconnects, and fittings. About Parker Hannifin. With annual sales exceeding $10 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of , industrial and aerospace markets. The company employs approximay 52,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 53 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at http://www.parker.com, or its investor information site at http://www.phstock.com. Parker Hannifin China was established in the 1980s. It was one of the first three joint ventures after China opened to the outside world and attracted foreign direct investment. Parker Hannifin owns over 2,000 product lines in China with a wide range of products covering more than 50 markets. It is committed to providing products technologies in aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and seal & shielding. Products and solutions are widely used in diesel engines, wind turbines, the shipbuilding industry, oceanic exploration, the steel industry, heavy equipment, high-speed railways and factory automation. Parker Hannifin has 11 plants based in Shanghai, Wuxi, Qingdao, Tianjin, Shenyang, Dongguan and Shenzhen. Sales sites and regional offices are mainly located in Shanghai, Chengdu and Beijing. Parker Hannifin has more than 3,000 employees in China. Forward-Looking Statements
Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. All statements regarding future performance, earnings projections, events or developments are forward-looking statements. It is possible that the future performance and earnings projections of the company and individual segments may differ materially from current expectations, depending on economic conditions within its , industrial and aerospace markets, and the company's ability to maintain and achieve anticipated benefits associated with announced realignment activities, strategic initiatives to improve operating margins, actions taken to combat the effects of the current recession, and growth, innovation and global diversification initiatives. A change in economic conditions in individual markets may have a particularly volatile effect on segment results. Among the other factors which may affect future performance are: changes in business relationships with and purchases by or from major customers or suppliers, including delays or cancellations in shipments, disputes regarding contract terms or significant changes in financial condition; uncertainties surrounding timing, successful completion or integration of acquisitions; threats associated with and efforts to combat terrorism; uncertainties surrounding the ultimate resolution of outstanding legal proceedings, including the outcome of any appeals; competitive market conditions and resulting effects on sales and pricing; increases in raw material costs that cannot be recovered in product pricing; the company’s ability to manage costs related to employee retirement and health care benefits and insurance; and global economic factors, including manufacturing activity, air travel trends, currency exchange rates, difficulties entering new markets and general economic conditions such as inflation, deflation, interest rates and credit availability. The company makes these statements as of the date of this disclosure, and undertakes no obligation to update them. | 派克宇航Parker Aerospace、中国商用飞机有限责任公司与中航系统就新型飞机 C919 的飞行操控作动系统项目举行签约仪式 | | | | | | | 中国西安2010年4月16日电 /美通社亚洲/ -- 运动和控制技术商派克汉尼汾公司 （Parker Hannifin Corporation） （NYSE: PH） 旗下业务部门派克宇航（Parker Aerospace） 今天与中国商用飞机有限责任公司 （COMAC） （以下简称“中国商飞公司”）举行了一场签约仪式， Parker 为中国商飞公司新型大飞机 C919 主要电传飞行控制作动系统的供应商。派克宇航和中国商飞公司高管以及当地市政官员出席了签约仪式。 （图标：http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO） 主飞行操控作动系统。派克宇航的控制系统部门将为 C919 设计主飞控作动系统。该电传系统将包括水平安定面配平作动器和其控制电子；副翼、方向舵、扰流板和升降舵作动器；以及遥距电子部件。 液压、燃油和油箱惰化系统。派克宇航还负责为 C919 提供液压、燃油和油箱惰化系统。 液压系统包括一个针对 C919 模块化集成航空电子而设计的控制和监测软件包，并具有驱动和控制该飞机飞行操控系统、起落架和前轮转弯系统以及反推力系统所必需的功能。 燃油系统设备将为该飞机的燃油系统提供多个功能，包括发动机供油、辅助动力装置供油、加油和放油、通气、燃料测量以及模块化集成航空电子设备燃料测量和管理软件。油箱惰化系统包括发动机引气调控和电子控制，和薄膜式氮气生产和分配系统，从而减低燃油的可爆性，以致提高飞机的安全性。 派克宇航总裁 Bob Barker 表示：“Parker 非常高兴能获得 C919 这四个重要系统的供应合约。这些合约的签订为我们业务的发展提供了一个坚固的平台，也为发展zui为迅速的航空航天市场带来了、也是竞争力的产品。” 在整个项目期间，这四个系统合约将为 Parker 带来40多亿美元的收入。 派克宇航简介：派克宇航是派克汉尼汾公司旗下的运营部门，致力于为航空及其他高科技市场设计和生产液压、燃油、飞行操控、流体转动以及发动机组件和系统，并提供相关维修服务。Parker Aerospace 总部位于加州尔湾，其产品线包括主飞控和次飞控作动系统、动力生产与控制部件、反推作动系统、电液伺服阀、电动液压泵、燃油泵、电动阀和燃油设备、润滑油箱，润滑与回油泵、燃油测量与管理系统，驾驶舱仪表系统、飞行检测系统、防雷产品、气控子系统和部件、流量计和燃油雾化设备、机轮、刹车以及软管、套管和接头等流体输送产品 派克汉尼汾简介 派克汉尼汾是的运动控制技术与系统多元化制造商，致力于为广泛的移动、工业和航空航天市场提供精密设计的解决方案。该公司2009会计年度销售额突破100亿美元。该公司在48个国家拥有约52000名员工。派克连续53年增派了其年度股东分红，在标准普尔500指数的zui长股息红利增长股票中名列前五。垂询详情，请登录该公司 http://www.parker.com 或其投资者信息 http://www.phstock.com 。 派克汉尼汾（中国）成立于20世纪80年代，是中国实现对外开放和引进外商直接投资以来zui早成立的三家合资企业之一。派克汉尼汾在中国拥有2000多个产品线，各类产品行销50多个市场。该公司致力于提供航空航天、空调制冷、机电、过滤、流体与气体处理、液压、气动、流程控制以及密封屏蔽等领域的产品技术。其产品与解决方案广泛应用于柴油发动机、风力涡轮机、船舶制造、海洋勘探、钢铁、重型移动机械、高速铁路和工厂自动化等领域。派克汉尼汾在上海、无锡、青岛、天津、北京、沈阳、东莞和深圳等设有超过11个工厂。该公司的销售点和区域办事处主要位于上海、成都和北京。派克汉尼汾目前在中国拥有3千多名员工，年销售额超过5亿美元。 前瞻性声明 本文和其它书面与口头报告中包含的前瞻性陈述以新闻稿发布时的已知活动与情况为依据，因此，之后可能会受到一些不可预见的不确定性与风险的影响。所有有关未来表现、盈余预测、活动或发展的陈述均属于前瞻性陈述。该公司和各个部门的未来表现和盈余预测可能与当前预期存在巨大差异，影响因素包括其移动、工业和航空航天市场的经济状况、该公司维持和实现与所公布调整计划相关的预期收益的能力、提高经营利润率的战略性计划、抗击当前衰退影响所采取的措施以及发展、创新和多元化计划。个别市场经济状况的变化可能对部门业绩产生尤为不稳定的影响。可能影响未来表现的其它因素包括：与主要客户、供应商或分销商间的业务关系以及由/从他们购买产品的变化（包括交付延迟或取消）、与合同条款或财务状况显着变化相关的纠纷；时机的不确定性、收购的成功完成或整合；与打击恐怖主义相关的威胁和努力；未决法律诉讼zui终判定的不确定性（包括任何上诉的结果）；市场竞争状况以及对销售额和定价产生的影响；原材料成本的上升无法从产品定价中收回；该公司管理员工退休和医疗保健福利与保险的能力；以及经济因素，包括制造活动、航空旅行趋势、汇率、进入新市场遇到的困难以及通货膨胀、通货紧缩、利率和信贷状况等整体经济形势。该公司做出的这些陈述仅代表截至新闻稿发布之日的情况，不承担任何更新义务。
消息来源 派克汉尼汾
| | Parker Aerospace, COMAC, and AVIC Systems Hold Contract Signing Ceremony for Flight Control Actuation System on New C919 Aircraft |
