United Technologies (UTC) announced this month that Mick Maurer has been appointed president of its Sikorsky Aircraft subsidiary, effective July 1. Maurer, who will succeed Jeff Pino, joined Sikorsky in 2000 and most recently served as president of the military systems unit. Pino, who will retire effective July 1, will then serve as a consultant to Sikorsky.
United Technologies (UTC) announced on Monday that Mick Maurer has been appointed president of its Sikorsky Aircraft subsidiary, effective July 1. Maurer, who will succeed the retiring Jeffrey Pino,
joined Sikorsky in 2000 and most recently served as president of the military systems unit.
Pino, who will retire effective July 1, will then serve as a consultant to Sikorsky. He has been Sikorsky’s president since 2006, and during his tenure the helicopter manufacturer has doubled its production rate, according to Louis Chênevert, UTC chairman and CEO.
Strong deliveries of the S-92 medium twin will boost civil activity at Sikorsky this year, according to recently released 2011 results and 2012 outlook. President Jeff Pino is expecting S-92 handovers to leap by 42 percent and overall civil deliveries by approximately 30 percent.
This year’s plans call for delivery of approximately 260 civil and military rotorcraft, with civil revenue expected to exceed $1.1 billion. Operating profits are predicted to be in the $50 million to $75 million range, down from $820 million last year.
A highly anticipated opportunity for contractors to demonstrate their helicopters for the U.S. Army’s armed aerial scout (AAS) requirement, originally planned for this spring, has been postponed until this summer or fall as the Army contemplates improving or replacing the aging OH-58D Kiowa Warrior in the manned reconnaissance role.
Sikorsky president Jeff Pino presented his company’s 2011 results and 2012 outlook last week, and the outlook suggests that strong deliveries of the S-92 medium twin will boost civil activity this year. Pino is expecting S-92 handovers to leap by 42 percent and overall civil activity by approximately 30 percent, while overall total sales (military and civil) will fall by 5 percent.
Sikorsky Innovations launched its third Entrepreneurial Challenge on Wednesday at Heli-Expo ’13. The competition is designed to identify and accelerate growth for companies in the rotorcraft segment with revenues under $5 million, including newly formed and pre-revenue entities.
Sikorsky Aircraft has signed a Memorandum of Understanding with Mexican helicopter service provider Aeroservicios Especializados (ASESA) to jointly explore assembly and service opportunities in support of Black Hawk helicopters.
Sikorsky Aircraft Corp. is to deliver a new S-92 helicopter to China Southern Airlines’ Zhuhai Helicopter Branch next week. This follows the delivery of two S-76s in December last year. The offshore utility aircraft will support expanding oil operations in the South China Sea.
Jeffrey Pino, CEO of Sikorsky Aircraft was all smiles as he delivered the State of Sikorsky Briefing at Heli-Expo 2012. Orders are up overall, as of December 2011, and with the worldwide fleet of large helicopters now averaging 30 years old, or older, he expects more helicopter orders are imminent. Here are a few of the highlights from Pino’s briefing.
* Sikorsky sold $7.4 billion in helicopters in 2011.