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Slumping US Helicopter Market Forces Sikorsky to Look Overseas

Sikorsky | July 12, 2016

Lockheed Martin is hoping international helicopter sales will make up for slow commercial business at its newly acquired Sikorsky division, a top company executive says. The firm is pushing its helicopters for a range of missions, from cargo hauling to VIP transport. “Clearly the oil and gas industry has been a headwind for everybody in the market,” Lorraine Martin, deputy executive vice president of Lockheed’s mission systems and training business, said in an interview.

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