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Eaton Corp. (39BU)

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Monday 20 August, 2001

Eaton Corp.

Re Contract

Eaton Corp
20 August 2001

( BW)(OH-EATON)(ETN) Eaton Contract for Fluid Power Components On

Army's New Comanche Helicopter has $250 Million Potential

    Business Editors

   CLEVELAND--(BUSINESS WIRE)--Aug. 20, 2001--Diversified industrial

manufacturer Eaton Corporation (NYSE:ETN) said today its Aerospace

business unit has entered into a memorandum of understanding contract

award with Sikorsky Aircraft to provide the fluid power components for

the complete hydraulic system of the U. S. Army's new RAH-66 Comanche


   The engineering and manufacturing development (EMD) phase contract

award represents more than $8 million, and the total program potential

for Eaton exceeds $250 million over the next 25 years.

   The RAH-66 Comanche is the world's most advanced helicopter and

the cornerstone of the Army's objective aviation modernization plan.

The new helicopter has a cruising speed of 185 miles per hour, and a

dash speed of 197 miles per hour. It is also highly maneuverable, with

the ability to execute snap turns in 4.5 seconds and fly sideways and

backwards at up to 70 mph.

   The advanced aircraft will incorporate a number of Eaton fluid

power components including two 3000 psi pump reservoir modules, one

System III reservoir module, one heat exchanger, one starter pump and

two cartridge vane motors per aircraft.

   During the EMD phase from 2001 through 2006, 13 fully equipped

aircraft will be built and flight tested. Full production of the

advanced helicopter is scheduled to begin in 2007 and last through

2025. Current requirements call for more than 1,200 helicopters to be

produced for the Army.

   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's Aerospace business unit serves

commercial and military aviation, aerospace, military weapons, marine

and off-road markets worldwide.

   Eaton Corporation is a global $8 billion diversified industrial

manufacturer that is a leader in fluid power systems; electrical power

quality, distribution and control; automotive engine air management

and fuel economy; and intelligent truck systems for fuel economy and

safety. Eaton's 54,000 employees work in 29 countries on six

continents. For more information, visit

   This news release contains a forward-looking statement concerning

the potential for significant future RAH-66 business. That statement

should be used with caution. It is subject to various risks and

uncertainties, some of which are outside the control of the company.

Important factors which could cause actual results to differ

materially from those indicated by the forward-looking statement

include continued funding of the program over the 25-year period of

the contract. We do not assume any obligation to update this forward-

looking statement.


    CONTACT: Eaton Corporation

             Renald M. Romain, 216/523-4736

             Peter Parsons, 949/253-2116


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