Tag: Lockheed Martin

“Several major programs are progressing into production and no longer require the same level of development support,” the company said.

Parent company Lockheed Martin declined to say how many Stratford jobs are being lost.

The governor conspicuously avoided criticizing the insurance and utility companies by name during his inauguration speech.

The Stratford company foresees commercial and military applications.

The medium-sized Sikorsky S-76 is used in civilian and military sectors all over the world.

Gov. Lamont pledged to sign the bill into law.

Sikorsky is an exception to the workforce dilemma, according to its president, Paul Lemmo; the Stratford firm hired about 1,000 people last year and has added another 600 so far in 2021.

The company's new president, Paul Lemmo, said: “There’s no comparison with the amount of interaction we have with the governor and the Congressional delegation here. They care about Sikorsky. They’ll call and ask what they can do.”

Half of the production will take place at Sikorsky's Stratford headquarters.

Lemmo is currently vice president of integrated warfare systems and sensors.

Teams from Sikorsky and the military have worked since April and conducted more than 30 test events and evaluated 135 potential design solutions.

The Stratford manufacturer said the aircraft's first flight should take place at the end of the year, two months ahead of schedule.

“Sikorsky's revenue is probably a little lower than we had expected when we acquired it,” said CFO Bruce Tanner.

Lockheed spokesman William Phelps said the company is continuing to “have productive meetings with the government."

The heavy-lift King Stallion is reportedly one of the most expensive military aircraft vehicles around.