Sikorsky Aerospace Services and US Army Renew Partnership for Corpus Christi Army Depot UH-60 Work
Sikorsky Aerospace Services today announced the signing of an $840 million contract with the U.S. Army Aviation and Missile Command (AMCOM) to provide technical, logistical, and engineering expertise through Original Equipment Manufacturer (OEM) Best Practices to the Corpus Christi Army Depot (CCAD). The contract renews a five-year agreement initially signed in December 2002. Sikorsky Aerospace Services is Sikorsky Aircraft's aftermarket business. Sikorsky Aircraft, based in Stratford, Conn., is a subsidiary of United Technologies Corp. (NYSE: UTX).
Through this partnership, Sikorsky Aerospace Services facilitates CCAD's ability to deliver increased time-on-wing of repaired components through OEM engineering, procurement, and on-site support of 70 UH-60 BLACK HAWK component line items. Additionally, Sikorsky Aerospace Services helps support decreased repair-turn-around-time (RTAT) of components and BLACK HAWK helicopter airframes.
"This contract renewal signifies the continuing success of this partnership with the U.S. Army," said David Adler, President, Sikorsky Aerospace Services. "More importantly, the increased depot production at CCAD will support U.S. troops by keeping their BLACK HAWK helicopters in optimum condition to do the important work that they do."
Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in helicopter design, manufacture, and service. Its Sikorsky Aerospace Services business designs and applies advanced logistics and supply chain solutions for commercial rotary, military rotary and fixed wing customers. The company's long commitment to safety and innovation is reflected in its mission statement: "We pioneer flight solutions that bring people home everywhere ... every time(TM)." United Technologies Corp., based in Hartford, Conn., provides a broad range of high-technology products and support services to the aerospace and building systems industries.
This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement priorities and practices or in the number of aircraft to be built or serviced; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corporation's Securities and Exchange Commission filings.
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