Tag Archives: Sikorsky Spinoff

United Technologies Will Now Officially Separate Sikorsky

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The aviation industry is gathered in France for the Paris Air Show. The focus is usually on the orders for industry giants Airbus and Boeing (BA), but this year also featured an interesting announcement from United Technologies (UTX). During its Investor Day presentation, the company confirmed that it would exit the helicopter business, with either a spinoff or… Read More »

United Technologies Explores Spinning Off Sikorsky Helicopters

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Back in March, United Technologies (UTX) announced that it was exploring its strategic options for its Sikorsky aircraft business. Naturally, a tax free spinoff is one of the options currently under consideration and was the only one called out by name in the press release. The company is famous for its helicopters and is one of the largest ‘primes’ in… Read More »