United Technologies (UTX)

Sikorsky Global Helicopters, a business unit of Sikorsky Aircraft Corp., which is a subsidiary of United Technologies, is seeing a resurgence of interest in its S-300C and S-300CBi helicopters, with sales activity for the beginning of 2010 showing a 50 percent increase over the same time period in 2009.
All incoming orders so far in 2010 have been fleet orders of two to four helicopters each for flight training, patrol, agricultural and wildlife work, and other diverse operations in the United States and around the world. "In lean economic times, more operators have come to recognize S-300 series helicopters as reliable, economic solutions to their mission requirements," said David Oglesbee, director, Sikorsky Global Helicopters Light Helicopter Division. "Low operating costs and a strong safety record also have encouraged customers to add S-300 series helicopters to their fleets to grow and diversify their businesses in a soft market."

Feb 24 · 12:21:00 AM · Source: Reuters
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by Michael Oliveto