Business

May 9, 2014

Sikorsky wins $1.24 billion U.S. helicopter deal

Stephen Singer
Associated Press

Helicopter manufacturer Sikorsky Aircraft Corp. announced May 7 a $1.24 billion contract to build the next fleet of “Marine One” presidential helicopters, ending a years-long effort to return the high-profile aerospace project to Connecticut.

Sikorsky, a subsidiary of United Technologies Corp., said the contract is to modify, test and deliver six S-92 helicopters and two trainer simulators to the U.S. Marine Corps. It says it will eventually supply 21 aircraft by 2023.

“Every president since Eisenhower has flown in a Sikorsky, made right in Connecticut,” said Rep. Rosa DeLauro, D-Conn. “I am thrilled to see this contract come back to Stratford where it has always belonged and where it should have gone in the first place.”

Sens. Richard Blumenthal and Chris Murphy, both D-Conn., said the Navy’s decision “comes five years and $3.2 billion too late after first pursuing failed foreign alternatives.”

DeLauro and Rep. John Larson, D-Conn., said the state’s congressional delegation lobbied the Pentagon to end a previous contract with Lockheed Martin and Europe-based AugustaWestland after cost overruns nearly doubled the price of the program and saw it fall six years behind schedule.

Then-Defense Secretary Robert Gates, citing cost, canceled Lockheed Martin contracts in 2009 for a helicopter to carry the president and a communications satellite.

The helicopters will not be manufactured solely in Connecticut. Assembly will be in Coatesville, Penn., and principal subcontractor Lockheed Martin Mission Systems and Training will install communications and mission systems in Owego, N.Y.

Aircraft modifications and installation of the helicopter’s interior will be at Sikorsky’s Stratford, Connecticut, site.

The announcement is a big deal for Sikorsky, which has faced declining revenue and recently laid off workers after the U.S. military exited Iraq and has begun to wind down operations in Afghanistan.

In February, United Technologies Chief Financial Officer Greg Hayes said Sikorsky faces a “tough couple of years,” though he said it has a bright future.

Sales of the Black Hawk, which the military has relied on as a workhorse helicopter striking targets and ferrying troops in Iraq and Afghanistan, have fallen about 20 percent year over year, Hayes said in January.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines March 27, 2015

News General Dynamics withdraws as T-100 prime contractor General Dynamics Information Systems and Technology has withdrawn itself as the prime contractor on the T-100, the offering for the T-X trainer replacement program based on the Alenia Aermacchi M-346 design.   Business SpaceX’s fight with U.S. Air Force called a clash of perceptions Billionaire Elon Musk’s...
 
 

News Briefs March 27, 2015

Contractor extradited from Iraq pleads guilty in bribes case A man extradited from Iraq in a military contract bribery case has pleaded guilty to three charges in an agreement with federal prosecutors. U.S. District Judge Thomas Rose has scheduled sentencing for July 1 for Metin Atilan. His attorney, Nick Gounaris, says the two sides agreed...
 
 

Ninth Boeing GPS IIF reaches orbit, sends first signals

Boeing Global Positioning System (GPS) IIF satellites are steadily replenishing the orbiting constellation, continuing to improve reliability and accuracy for users around the world. The ninth GPS IIF reached orbit about three hours, 20 minutes after launching today aboard a United Launch Alliance (ULA) Delta IV rocket from Cape Canaveral Air Force Station, Fla., and...
 

 

F-35 Lightning II costs drop, report shows

A recent account of F-35 Lightning II aircraft program costs shows decreases, the Air Force’s F-35 program executive officer told reporters in a media roundtable March 24, 2015. Lt. Gen. Christopher C. Bogdan, citing this year’s selected acquisition report on the aircraft, called the roundtable to clarify cost and performance facts. He also acknowledged the...
 
 
NG-growler2

Northrop Grumman delivers center/aft ‘shipset’ for first international EA-18G Growler

Northrop Grumman photograph Northrop Grumman mechanics perform final quality inspections on the center/aft fuselage shipset produced by the company for the first Australian EA-18G Growler. The subassembly will be delivered to B...
 
 
Navy photograph by Monica McCoy

Navy conducts production acceptance test of Tomahawk missile

Navy photograph by Monica McCoy Members of the Explosive Ordnance Disposal Technology Division team at Naval Surface Warfare Center, Indian Head prepare a Tomahawk missile for a functional ground test at the Large Motor Test Fa...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>