Sikorsky Aircraft Adapts Business Model to Enhance Customer Experience and Advance...

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Tue Jun 16, 2009 5:00am EDT

Sikorsky Aircraft Adapts Business Model to Enhance Customer Experience and
Advance Growth

PARIS, June 16 /PRNewswire-FirstCall/ -- PARIS AIR SHOW -- Sikorsky Aircraft
Corp. said today it has completed the realignment of its business into three
distinct divisions to provide greater clarity for customers and respond to
market demand. Sikorsky Aircraft is a subsidiary of United Technologies Corp.
(NYSE: UTX).

(Logo: http://www.newscom.com/cgi-bin/prnh/20060403/SIKORSKYLOGO )

As part of the realignment, Sikorsky recently launched Sikorsky Military
Systems to bolster its ability to respond to the needs of the U.S. and
international military segments. In February, Sikorsky announced creation of
Sikorsky Global Helicopters, a rebranding of its existing commercial business
units. In 2008, Sikorsky launched a comprehensive solution for customer
support with the introduction of Sikorsky Aerospace Services.

"As a company, Sikorsky has enjoyed tremendous growth over the last several
years, which has positioned us well in spite of the economic downturn," said
President Jeffrey P. Pino. "As we looked forward, we recognized that we had
outgrown our prior business approach and needed to realign our business to
achieve our longer-term vision. We needed to be ready to respond to the future
demands of the marketplace. With this realignment, we are poised to do that."

Sikorsky, which saw revenues climbing during each of the past seven years, has
followed a four-pronged business strategy: growth with margin expansion,
excellence in execution, technological leadership, and globalization. The
company realignment supports its strategic vision to become more global, to
enhance its business unit focus on specific customer segments, and to continue
its steady growth path. 

"In renaming our military business, we chose to emphasize the 'systems' aspect
because Sikorsky Aircraft is not simply a producer of helicopters but of
comprehensive systems that go beyond 'hardware,' " said Scott Starrett,
President, Sikorsky Military Systems. 

Sikorsky Global Helicopters, led by Marc Poland, aligns the company's existing
commercial business units located in Connecticut, New York and Pennsylvania.
Sikorsky Global Helicopters comprises current Sikorsky aircraft platforms
S-76(R), S-92(R) and H-92(TM) helicopters; former Schweizer platforms
S-300C(TM), S-300CBi(TM), S-333(TM) and S-434(TM) helicopters; and all
operations of Keystone Helicopter Corp. and Associated Aircraft Group (AAG).

Sikorsky Aerospace Services, led by David Adler, offers the aviation industry
one of the most comprehensive portfolios of support solutions for both
military and commercial customers around the world. It supports more than
10,000 fixed and rotary wing aircraft in 75 countries and provides a full
range of logistics, maintenance, training and material support services for a
variety of aviation platforms.

Sikorsky's revenue reached a record $4.8 billion in 2007, followed by a record
$5.4 billion in 2008. The company's backlog has grown to more than $12
billion.

Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in
helicopter design, manufacture and service. United Technologies Corp., based
in Hartford, Conn., provides a broad range of high technology products and
support services to the aerospace and building systems industries.  

This press release contains forward-looking statements concerning future
business opportunities. Actual results may differ materially from those
projected as a result of certain risks and uncertainties, including but not
limited to changes in government procurement priorities and practices or in
the number of aircraft to be built; challenges in the design, development,
production and support of advanced technologies; as well as other risks and
uncertainties, including but not limited to those detailed from time to time
in United Technologies Corporation's Securities and Exchange Commission
filings.

SOURCE  Sikorsky Aircraft Corp.

Paul Jackson, +1-860-614-3899, Paul.Jackson@sikorsky.com, or Marianne
Heffernan, +1-203-386-4373, mheffernan@sikorsky.com, both of Sikorsky Aircraft
Corp.
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