Derco Aerospace Signs Exclusive Spare Parts Contract With SABCA

Date : 11/02/2009 @ 10:00AM
Source : PR Newswire
Stock : United Technologies Corp. (UTX)
Quote : 68.59  0.62 (0.91%) @ 12:28PM
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Derco Aerospace Signs Exclusive Spare Parts Contract With SABCA

MILWAUKEE, Nov. 2 /PRNewswire-FirstCall/ -- Derco Aerospace, a Sikorsky Aerospace Services company, has signed an exclusive two-year F-16 spare parts supply contract with Belgian-based company SABCA. Under the agreement Derco will provide specified Hamilton Sundstrand, Honeywell and Argo-Tech F-16 spare parts for component repair and overhaul on a just-in-time basis in support of SABCA maintenance activities. Sikorsky Aerospace Services is the worldwide aftermarket business of Sikorsky Aircraft Corp., which, along with Hamilton Sundstrand, is a subsidiary of United Technologies Corp. (NYSE:UTX).

(Logo: http://www.newscom.com/cgi-bin/prnh/20080904/NETH086LOGO )

The contract further expands Derco's role in supporting European maintenance facilities and enhances Derco's F-16 inventory holdings. As partners, SABCA and Derco jointly will improve maintenance turn-around for F-16 operators.

"Derco values this opportunity to work with SABCA to provide support to European F-16 maintenance activities," said Brian Holt, Senior Vice President of Sales and Marketing. "This contract will allow Derco to support maintenance activities on a just-in-time basis to ensure European customers have improved fleet readiness."

For more information regarding Derco's F-16 support or to learn more about Derco, call (414) 355-3066 or visit http://www.dercoaerospace.com/ .

Founded in 1979, Derco Aerospace, Inc. is based in Milwaukee, Wis., and is a world leader in providing aircraft spares, services, and solutions to customers around the globe. Through solid relationships with premier original equipment manufacturers (OEMs), Derco maintains one of the largest and most diversified aircraft spares inventories in the world. Today, Derco is a full-service logistics and solutions provider, supporting military and commercial fleets in 67 countries.

Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in helicopter design, manufacture and service. Its Sikorsky Aerospace Services business designs and applies advanced logistics and supply chain solutions for commercial rotary, military rotary and fixed wing customers. United Technologies Corp., based in Hartford, Conn., provides a broad range of high technology products and support services to the aerospace and building systems industries worldwide.

SABCA is a Belgian, Brussels-headquartered aerospace engineering and manufacturing company founded in 1920. Since the 1960's, SABCA has participated in large-scale licensed production programs of combat aircraft and military helicopters for both U.S. and European Air Forces. Besides the manufacturing of Air- and Spacecraft subassemblies performed in its Brussels plant, SABCA is prime or sub-contractor for several structural modification and operational capabilities upgrade programs on F-16, A-10, Alpha Jet, Mirage and other aircraft types.

http://www.newscom.com/cgi-bin/prnh/20080904/NETH086LOGO

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DATASOURCE: Sikorsky Aerospace Services

CONTACT: Kari Atkinson, Communications Supervisor, +1-414-371-3615, fax,

+1-414-214-2224,

Web Site: http://www.dercoaerospace.com/

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