Sikorsky Aircraft Corp., a subsidiary of diversified business
United Technologies Corp.
), recently procured a contract from
) to deliver 11 S-76D helicopters for Search and Rescue (SAR)
operations of the Japan Coast Guard (JCG).
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Earlier in Oct 2012, Sikorsky had received the green flag from
the Federal Aviation Administration (FAA) for S-76D helicopters.
The helicopters are specially designed for SAR operations with
flaw-tolerant main rotor blades; a fully integrated THALES glass
cockpit; health and usage monitoring system; active vibration
control; and powerful engines for the best-in-class
power-to-weight ratio and fuel burn. Till date, Sikorsky has
delivered over 800 S-76 helicopters to the global fleet for 6.2
million flight hours during three decades of operation.
Sikorsky is one of the world's largest manufacturers of military
and commercial helicopters. It also provides aftermarket
helicopter and aircraft parts and services for its parent company
United Technologies. At present, major production programs at
Sikorsky include the UH-60M Black Hawk medium-transport
helicopters and HH-60M Medevac helicopters for the U.S. and
foreign governments, the S-70 Black Hawk for foreign governments,
the MH-60S and MH-60R helicopters for the U.S. Navy, the
International Naval Hawk for multiple naval missions, and the
S-76 and S-92 helicopters for commercial operations.
Based in Hartford, Conn., United Technologies provides high-end
technology products and services to the building systems and
aerospace industries worldwide. The company is a diversified
business conglomerate serving various end markets such as
aerospace, defense and commercial construction. The business
diversification allows the company to remain profitable during
tough economic times.
The company's operations are primarily classified into two
principal businesses: commercial and aerospace. Under its
commercial business, the company has Otis and the UTC Climate,
Controls & Security division, which combined the former
Carrier and UTC Fire & Security divisions. The aerospace
business of the company consists of Sikorsky aircraft and the UTC
Propulsion & Aerospace Systems, which includes UTC Aerospace
Systems and Pratt & Whitney divisions.
United Technologies presently has a Zacks Rank #3 (Hold). Other
notable companies in the industry include
Compass Diversified Holdings
), each carrying a Zacks Rank #2 (Buy).