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Saturday, February 22, 2014

Turkey signs $3.5 billion deal for Sikorsky helicopters

UH-60M Black HawkTurkey signed a deal worth $3.5 billion on Friday to buy helicopters from United Technologies Corp's Sikorsky Aircraft unit, finalizing an order originally agreed upon in 2011, said the prime minister.

The agreement includes options that analysts say could result in billions of dollars of additional orders over the next three decades.

The 109 helicopters will be assembled in Turkey and a version of Sikorsky's popular Black Hawk. The main contractor is Turkish Aerospace Industries with components to be supplied by Sikorsky, Aselsan and other Turkish companies.

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