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United Technologies Corp's Sikorsky Aircraft Corp and Boeing Co Form Joint Venture to Offer Saudi Rotorcraft Logistics and Training

Thursday, 20 Jun 2013 01:30am EDT 

United Technologies Corp's Sikorsky Aircraft Corp and Boeing Co announced that they have formed a joint venture, Boeing Sikorsky International Services (BSIS), to compete for sustainment services in support of the Kingdom of Saudi Arabia's rotorcraft fleet. Contracts that the joint venture will pursue are administered by the U.S. Government as part of its Foreign Military Sales process. The joint venture will help advance the Kingdom's efforts to diversify its economy, expand the technological expertise of its aerospace and commercial sectors, and create jobs. An equal-share joint venture, BSIS offers comprehensive in-country logistics, fleet and supply-chain management, maintenance support and aircraft modifications, as well as training for aircrews and maintainers. 

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