Rotorcraft
UTC To Offload Sikorsky Rotorcraft Business
Parent company still has to make up its mind about selling or spinning off Sikorsky.
UTC will pursue the separation of its Sikorsky helicopter business, subject to final board approval, the company announced Monday.
UTC will pursue the separation of its Sikorsky helicopter business, subject to final board approval, the company announced Monday.

UTC announced on Monday that it will pursue the separation of its Sikorsky helicopter business, subject to final board approval. “Our strategic review has confirmed that exiting the helicopter business is the best path forward for United Technologies,” said UTC president and CEO Gregory Hayes.