For Sikorsky, 2013 was a mixed bag, according to company president Mick Maurer, who gave his company’s year-end summary presentation yesterday at Heli-Expo. While the company reached a record backlog of more than $15 billion, it also recorded an 8-percent drop in sales, to $6.3 billion, the decrease driven largely by a drop-off in U.S. government orders on both the OEM side and the aftermarket segment last year.
In the commercial market, the United Technologies subsidiary saw an increase of more than a half-billion dollars year-over-year in top-line growth, with a backlog of more than $2 billion. “A new growth area for us has been China,” Maurer said, noting the rotorcraft manufacturer has taken in almost $300 million in orders from Chinese operators over the past year and expects its aircraft to be in service with all three of China’s major offshore oil operators.
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