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Sunday, September 18, 2011

'Wars In Iraq, Afghanistan Drove Dramatic Gains At Sikorsky'

from axisoflogic........

"But eventually, all those Black Hawk and Seahawk missions meant helicopters were wearing out, and the Pentagon needed to increase its orders from the 35 to 40 a year it had done for years. By 2005, Sikorsky delivered 84 Black Hawks.
at the United Technologies Corp. division exploded from 2006 to 2007, growing 50 percent, from $3.2 billion to $4.8 billion. Then, at the end of 2007, the Pentagon ordered at least 537 Black Hawks and Seahawks, with options for as many as 800, to be built from 2008 to 2012.

"I hate to put it in these terms but 9/11 has provided the biggest stimulus to Sikorsky's business in two generations," said Loren Thompson, a defense analyst at the Lexington Institute in Virginia.
"It's not just their signature UH-60 [Black Hawk] helicopter, but basically every helicopter they make"..........READ MORE

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