Schweizer Buy Broadens Sikorsky’s Horizons
Sikorsky president Steve Finger said that Schweizer’s “ability for rapid prototyping makes the company an excellent choice for advanced concept evaluation and its focus on product safety aligns well with our own.” In fact, Schweizer is such a good match for Sikorsky that Finger bought the company. The sale of the Horseheads, N.Y. company is expected to be completed before year-end, after which Schweizer will operate as a wholly owned subsidiary of Sikorsky.
Finger explained that it was the smaller company’s skills in the unmanned aerial vehicle (UAV) market sector that particularly attracted him. “Adding light rotorcraft and fixed-wing reconnaissance product lines to its portfolio will better position Sikorsky to compete in the fast-growing Homeland Security market as well.”
Schweizer has been a subcontractor for Sikorsky for nearly 25 years, building parts and assemblies for the Connecticut-based company’s military line. Schweizer has produced 2,160 sailplanes, 2,650 agricultural airplanes, more than 60 special-purpose fixed-wing aircraft and unmanned vehicles and more than 900 helicopters.