Airbus watching to see if UTC will sell Sikorsky helicopter unit

Reuters
June 10, 2015 | Tel Aviv, Israel
By Reuters
Airbus is “watching with interest” to see whether United Technologies Corp (UTC) puts its Sikorsky helicopter business up for sale, the head of Airbus’ U.S. division said on June 8.

UTC expects to make a decision on whether the conglomerate will divest Sikorsky in a couple of months.

“We are watching that with interest. We are interested to see what United Technologies intends to do with Sikorsky,” Allan McArtor, chief executive of Airbus Group, Inc, told Reuters on the sidelines of the annual Herzliya Conference in Israel.

He declined to elaborate. | READ MORE

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