Non-Subscriber Extract
Sikorsky moves forward on PZL Mielec acquisition
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| 04 January 2007 |
Sikorsky moves forward on PZL Mielec acquisition
By Guy Anderson Jane’s Defence Industry Editor
US helicopter manufacturer Sikorsky confirmed that it has reached an "agreement in principle" to acquire Polish state-owned group Polskie Zaklady Lotnicze (PZL) Mielec.
The US group's relationship with PZL was cemented in September 2006 when the Mielec site was selected as a strategic partner and assembly centre for the International Black Hawk programme.
The value of the current agreement, and the percentage of PZL that will be acquired by Sikorsky, have not been made clear. Sikorsky has previously said, however, that it will look to maintaining production of the PZL M28 Skytruck passenger, transport and surveillance aircraft at the site, improving it with new technologies and creating a stable and efficient customer support network worldwide.
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© 2006 Jane's Information Group
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