Sikorsky Targeting Variety of Product Segments | Aviation International News

Sikorsky Targeting Variety of Product Segments

Now part of Lockheed Martin, helicopter maker expects to find synergies under new ownership.

Sikorsky’s commercial systems and services
v-p Dana Fiatarone sees the EMS and search-and-rescue markets as having the potential to offset
the flagging oil market. — Sikorsky’s commercial systems and services v-p Dana Fiatarone sees the EMS and search-and-rescue markets as having the potential to offset the flagging oil market.

By Thierry Dubois • Writer

February 27, 2016

Plummeting oil prices have taken a heavy toll on Sikorsky’s commercial helicopter sales. These peaked at $1.5 billion in 2014 but are expected to total about one quarter of that in 2016, at around $375 million. This was the recent outlook Bruce Tanner, CFO of Sikorsky parent company Lockheed Martin, gave to analysts.

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