United Tech (UTX) Reaffirms FY13 Expectations Amid Engine Win Today

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United Technologies Corp. (NYSE: UTX) reaffirmed its expectations for 2013 earnings per share in the range of $5.85 to $6.15 on sales of $64 billion to $65 billion, and cash flow from operations less capital expenditures equal to or in excess of net income attributable to common shareowners.

Today's announcement that Embraer has selected Pratt & Whitney's PurePower PW1700G and PW1900G engines as the exclusive power for its new second generation E-Jet aircraft family is expected to have no impact on UTC's 2013 financial outlook as communicated to investors in December.

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