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Thursday, April 17, 2014

Navy Plan to Halt MH-60 Buy Rattles Sikorsky

MH-60 SeahawkThe U.S. Navy’s plan to cut short a multi-year deal for maritime helicopters may have serious implications for Sikorsky Aircraft Corp., as well as the military and the broader defense industry, a company official said.

For instance, the deal doesn’t just include the sea service. In July 2012, both the Army and Navy inked the five-year, $8.5 billion contract with the subsidiary of Hartford, Conn.-based United Technologies Corp.

The agreement called for the services to buy at least 653 helicopters through December 2017, including a mix of UH-60M Black Hawks and HH-60M medical evacuation variants for the Army and MH-60R and MH-60S Seahawks for the Navy.

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