Sikorsky gets 2nd large contract in 2 months ... potential is 7.9 billion
5:19 pm United Tech: Sikorsky awarded estimated $1.28 bln U.S. Air Force contract to develop new combat rescue helicopter (UTX) : Sikorsky Aircraft, a subsidiary of United Technologies (UTX), has been awarded a U.S. Air Force contract to develop new combat search and rescue helicopters. Sikorsky will develop a derivative of the UH-60M BLACK HAWK model for the Air Force's rescue mission. The award of an estimated $1.28 billion Engineering & Manufacturing Development (EMD) contract includes development and integration of the rescue mission systems; delivery of four Combat Rescue Helicopters; as well as seven aircrew and maintainer training systems. Initial training of Air Force aircrew and maintainers and five Combat Rescue Helicopters are also expected to be delivered by 2020, once additional aircraft and training options are exercised. This contract is the first step in the eventual production and fielding of up to 112 aircraft with a potential value of approximately $7.9 billion. Eventual production quantities would be determined year-by-year over the life of the program, based on funding allocations set by Congress and the U.S. Department of Defense acquisition priorities.