United Tech's (UTX +1.3%) Sikorsky Aircraft unit says the longer-term outlook for military...
United Tech's (UTX +1.3%) Sikorsky Aircraft unit says the longer-term outlook for military helicopters remains positive, in spite of potential automatic spending cuts that may pressure the U.S. defense budget. Several new programs - including a U.S. Air Force competition for new search and rescue helicopters and a U.S. Navy competition for new presidential helicopters - will survive, even if the Pentagon is forced to make additional budget cuts.
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