Monday, July 14, 2008
Sikorsky Aircraft Preps for Multiple First Flights as 'Four Pillars' Continue to Pace Rapid Growth
Sikorsky Aircraft established "four pillars of growth" as a guide for company progress. Pino first announced the guidelines two years ago at the Farnborough show. They are: growth with margin expansion, excellence in execution, technological leadership, and globalization.
"To say that I am excited at the prospects of growth and industry-changing innovation is an understatement. Sikorsky in 2008 is poised to mark an unprecedented period of milestones and growth," Pino said.
Sikorsky's revenue reached a record
Current U.S. government production programs include the MH-60S and MH-60R helicopters for the U.S. Navy, and the UH-60 BLACK HAWK helicopter for the U.S. Army.
The programs call for 271 and 298 of the Navy's MH-60S and MH-60R helicopters, respectively. Sikorsky is in full-rate production for the U.S. Army's newest BLACK HAWK, the UH-60M. This program is expected to produce more than 1,200 aircraft. "Our H-60 product lines are in a strong growth period as both the Army and Navy continue to replenish their fleets," Pino said.
In addition, Sikorsky is developing the CH-53K heavy lift helicopter for
the U.S. Marine Corps under a
Development money and production quantities for all government programs are determined year-by-year over the life of the program based on funding allocations set by Congress and Pentagon acquisition priorities.
The S-92(R) helicopter and S-76(R) helicopter product lines continue to
lead the resurgence in Sikorsky's commercial aircraft business. "The H-92
helicopter, a military version of our S-92 aircraft, is on static display here
in Farnborough, and we are preparing to bring it on a world tour beginning in
In May, the S-76 fleet passed 5 million flight hours, and Sikorsky delivered the 700th aircraft in the series earlier this year.
In approximately four years since the start of production deliveries, the S-92 helicopter fleet has accumulated 100,000 flight hours. Offshore oil S-92 helicopter operators are flying between 130 and 170 hours per month, a testament to the aircraft's sturdiness and ease of maintenance.
Sikorsky's global expansion has been another key component of the company's rapid growth these last few years. Among the highlights are:
-- Modernization projects continue at the PZL Mielec facility in
-- Sikorsky's supply base in
Even with surging production, Sikorsky continues to invest in product development to sustain long-term growth. In addition to the CH-53K helicopter for the Marine Corps, other current development programs include:
-- The International BLACK HAWK helicopter, to be produced at PZL Mielec with deliveries expected to begin in 2011.
-- The H-92 helicopter, the first military variant of the S-92 helicopter, is scheduled to fly in the fourth quarter. Twenty-eight of these militarized S-92 helicopters are scheduled to be built for the Canadian Air Force.
-- The UH-60M Upgrade helicopter is scheduled to fly in the third quarter.
This latest version of the BLACK HAWK helicopter is a fly-by-wire aircraft
with a Common Avionics Architecture System (CAAS) cockpit being developed
-- The X2 TECHNOLOGY(TM) Demonstrator is on the verge of its first flight as well. The prototype represents a new generation of rotorcraft that combines an integrated suite of technologies intended to advance the state-of-the-art, counter-rotating coaxial rotor helicopter. It is designed to demonstrate a helicopter can cruise comfortably at 250 knots, while retaining such desirable helicopter attributes as excellent low speed handling, efficient hovering and autorotation safety, with seamless and simple transition to high speed.
-- The S-76D(TM) helicopter, the latest version of the S-76 helicopter, which includes a new composite rotor blade, Pratt & Whitney 210S engines, Quiet Design Tail Rotor, Active Vibration Control, Rotor Ice Protection System, and Thales advanced avionics. First flight is expected by year-end, and Sikorsky already has about 100 position agreements on the aircraft.
-- The Sikorsky-Schweizer S-434(TM) helicopter, with a four-bladed rotor system based on the existing S-333(TM) helicopter, is slated for its first flight in the fourth quarter.
Sikorsky Aircraft Corp., based in
This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement priorities and practices or in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corporation's Securities and Exchange Commission filings.