Market Overview

Parker Aerospace and GKN Aerospace Sign Technology Development Agreement for Integrated Engine Thermal Management Technologies

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Parker macrolamination technology will support GKN Aerospace's
advanced static-structure development for next-generation aircraft
engines

Parker
Aerospace
, a business group of Parker Hannifin Corporation, the
global leader in motion and control technologies, today announces that
its Gas
Turbine Fuel Systems Division
has entered into a technology
development agreement with GKN Aerospace Sweden AB to develop integrated
engine static-structure thermal management technologies.

Building on its thermal analysis and macrolamination manufacturing
capabilities, Parker is collaborating with GKN Aerospace, as the leader
in engine-structure design and manufacturing, to bring structurally
integrated thermal management solutions to advanced engines. This
technology improves heat rejection efficiency over traditional plate-fin
designs while retaining structural load-bearing properties when
integrated into the nacelle.

"Parker Aerospace is proud to bring its macrolamination pedigree from
decades of fuel spray nozzle development, in collaboration with GKN
Aerospace engine design and testing capabilities," said Director of
Business Development Shawn Isham from Parker's Gas
Turbine Fuel Systems Division
. "Together, our companies will develop
integrated structural thermal management solutions for current and
future high by-pass turbine engines."

"Structurally integrated thermal management solutions will be a key
enabler for advanced engine architectures requiring more heat sink
capability with limited weight impact," said GKN Engine Systems Vice
President of Business Development Alex Guruprasad. "The collaboration
will create additional value to GKN's engine product offering."

The Parker Aerospace stand is in Hall 4, #4660, and the GKN Aerospace
pavilion is at LEAP lane G1 at the Farnborough International Air Show,
July 16-22, 2018.

About Parker Aerospace. Parker Aerospace is a global leader in
the research, design, integration, manufacture, certification, and
lifetime service of flight control, hydraulic, fuel and inerting, fluid
conveyance, thermal management, lubrication, and pneumatic systems and
components for aerospace and other high-technology markets. The company
supports the world's aircraft and aeroengine manufacturers, providing a
century of experience and innovation for commercial and military
aircraft.

About Parker Hannifin. Parker Hannifin is a Fortune 250 global
leader in motion and control technologies. For 100 years the company has
engineered the success of its customers in a wide range of diversified
industrial and aerospace markets. Learn more at www.parker.com
or @parkerhannifin.

About GKN Aerospace. GKN Aerospace is the world's leading
multi-technology tier 1 aerospace supplier. As a global company serving
the world's leading aircraft manufacturers, GKN Aerospace develops,
builds and supplies an extensive range of advanced aerospace systems,
components and technologies– for use in aircraft ranging from
helicopters and business jets to the most used single aisle aircraft and
the largest passenger planes in the world. Lightweight composites,
additive manufacturing, innovative engine systems and smart
transparencies help to reduce emissions and weight on the aircraft and
enhance passenger comfort. GKN Aerospace is market leading in
aerostructures, engine systems, transparencies and wiring systems and
operates in 14 countries at 51 manufacturing locations employing
approximately 17,000 people.

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