UTC Considers Sikorsky Divestiture
Helicopter manufacturer could become standalone company, as spinoff is the most likely option.
UTC is considering selling or spinning off Sikorsky since the helicopter manufacturer’s growth is too slow and its margin too small when compared with those of other businesses in the group. The company manufacturers the iconic S-76, among several other civil and military helicopter models.
UTC is considering selling or spinning off Sikorsky since the helicopter manufacturer’s growth is too slow and its margin too small when compared with those of other businesses in the group. The company manufacturers the iconic S-76, among several other civil and military helicopter models.