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Home Defense

Sikorsky in $1 billion deal

Alexander Soule by Alexander Soule
May 18, 2012
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South Korea aims to buy eight Sikorsky Seahawk helicopters at a cost of $1 billion. Credit: U.S. Navy.

In a possible $1 billion contract, the South Korean government wants to buy eight Seahawk helicopters built by Stratford-based Sikorsky Aircraft Corp.

The deal is subject to Congressional approval, with South Korea a key military ally. Separately, Sikorsky is refurbishing four Black Hawk helicopters for sale to Taiwan, in a contract valued at $43 million.

The South Korea helicopters would include 16 engines and two spares from Fairfield-based General Electric Co. and its GE Aviation operations in Lynn, Mass.; and other systems from a Lockheed Martin plant in Owego, N.Y.

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© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.