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Sikorsky Exhibits and Demonstrates S-76D Helicopter In Malaysia
2015-03-20 07:19:24| Industrial Machines - Topix.net
Sikorsky's newest commercial aircraft, the S-76D helicopter, arrived in Malaysia, beginning the Southeast Asia leg of its demonstration tour. The international demonstration began at the SkyPark Aviation Center in Subang, Malaysia, and this week, the aircraft will be on display at the Langkawi International Maritime and Aerospace Exhibition '15 until March 21. Sikorsky is a subsidiary of United Technologies Corp. Sikorsky announced the international leg of the demonstration tour earlier this month at the 2015 Helicopter Association International Heli-Expo show in Orlando, Florida.
Tags: malaysia
exhibits
demonstrates
helicopter
Sikorsky head cites highlight in advance of potential sale
2015-03-13 23:14:00| Industrial Machines - Topix.net
Mick Maurer, president of Sikorsky Aircraft, told investors at a conference on Thursday that a sale by corporate parent United Technologies of the Stratford-based helicopter giant might not be such a bad thing. Photo: Ned Gerard In the words of Mick Maurer , the timing is "very good" for any divestment of Sikorsky Aircraft by United Technologies, following UTC's announcement Wednesday that may end its long ownership of the Stratford-based helicopter manufacturer.
Tags: sale
head
potential
advance
United Technologies Sikorsky Split Is Prelude to Deals: Real M&A
2015-03-13 20:33:21| Paper - Topix.net
The $110 billion industrial conglomerate announced Wednesday that it will sell or spin off Sikorsky Aircraft, a unit valued on average by analysts at about $8 billion as a stand-alone. Cutting ties with Sikorsky -- its lowest-margin business -- may help United Technologies bridge the 13 percent gap between its stock price and the roughly $137-a-share value that some analysts assign to its underlying assets.
UTC Taking Hard Look At Selling Or Spinning Off Sikorsky
2015-03-12 19:11:02| Industrial Machines - Topix.net
A UH-60 Black Hawk sets down during a capstone training event Nov. 6, at Sailor Creek Range Complex, Idaho. United Technologies Corp. is considering selling or spinning off Sikorsky, a move that has long been the subject of whispers and more recently open talk of an imminent deal in the defense industry.
Seeking a Spark, United Technologies Puts Sikorsky On the Block
2015-03-12 16:41:07| Paper - Topix.net
The unit manufactures helicopters and other fixed-wing aircraft, generating about two-thirds of its $7.5 billion in annual sales from defense. The announcement comes just months after the UTC board's November decision to push CEO Louis Chenevert into retirement, replacing him with chief financial officer Greg Hayes.
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united
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technologies
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