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Press release

Sikorsky Aircraft launches Sikorsky Global Helicopters

22/02/2009

Press releaseIssued by Sikorsky, a Lockheed Martin company.

Sikorsky Aircraft Corp. at Heli-Expo today announced the creation of Sikorsky Global Helicopters, a rebranding of its existing commercial business units currently located in Connecticut, New York and Pennsylvania. Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX).

Sikorsky Global Helicopters will comprise current Sikorsky aircraft platforms S-76®, S-92® and H-92™ helicopters; Schweizer Aircraft platforms S-300c™, S-300CBi™, S-333™ and S-434™ helicopters; and all operations of Keystone Helicopter Corp. and Associated Aircraft Group (AAG).

"This historic decision supports Sikorsky's strategic vision to continue its exceptional growth path, become more global, and sharpen its business unit focus on specific customer segments," said Marc Poland, Vice President of Sikorsky Global Helicopters. "This growth continues to mean more opportunity for all of Sikorsky's stakeholders, both internal and external, and represents yet another step forward for the comprehensive Sikorsky brand."

As part of the initiative, Schweizer commercial products will take on the Sikorsky name and corporate association. Schweizer will remain as an entity and location in Horseheads, N.Y. Keystone Helicopters will continue to offer Engine and Helicopter Services in Coatesville, Penn. and AAG will continue to operate charter, fractional, and aircraft management services in New York. Sikorsky Global Helicopters will engage in the manufacturing and completion of Sikorsky commercial helicopters at the Coatesville, Penn. location.

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