Sikorsky reports sales and profit growth
Increased international and commercial sales have led to overall sales growth for Sikorsky after declining revenues for the division had a negative impact on parent company United Technologies’ results in previous quarters.
Although Sikorsky is affected by declining US military spending, it reported a 9% year-on-year growth in sales to $1.4 billion with 36 military and 12 commercial aircraft deliveries in the first quarter.
During the quarter, Sikorsky further announced the entry into service of the S-76D helicopter and the signing of a long-delayed contract with Turkey for the supply of 109 T-70 helicopters.
‘On the US government side, prospects
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