2007'05.11.Fri
Spirit AeroSystems, Inc. Wins Contract to Build Major Composite Structure for CH-53K Heavy-Lift Helicopter
May 10, 2007
WICHITA, Kan., May 10 /Xinhua-PRNewswire/ -- Spirit AeroSystems, Inc. (NYSE: SPR) won a 7 year contract from Sikorsky Aircraft Corp., worth in excess of $150 million, to supply major structural components for the CH-53K heavy lift helicopter for the United States Marine Corps. Under the Systems Development and Demonstration (SDD) phase of the contract, Spirit will design, produce and join the helicopter's composite cockpit and cabin. Sikorsky is a subsidiary of United Technologies Corp. (NYSE: UTX) "We have more than 75 years of experience designing and building fuselages and cockpits for some of the best-selling commercial airplanes of all time. We are extremely excited to be able to build on that expertise to produce the cockpit and cabin for the CH-53K," said Richard "Buck" Buchanan, Vice President -- General Manager of Spirit's Fuselage Structures and Systems business unit. The CH-53K is being developed to meet the future requirements for the U.S. Marine Corps heavy lift capabilities, currently carried out by a fleet of CH-53E SUPER STALLION(TM) helicopters. Sikorsky announced that the SDD contract could lead to the production of 156 CH-53K aircraft to replace roughly an equal number of CH-53E SUPER STALLION(TM) helicopters. Spirit won the contract through a competitive bid process. Spirit will begin work on the SDD phase of the program in 2007. Under the contract, Spirit will design and produce seven test articles, four of which will undergo flight testing. The cockpit and cabin work will be performed at Spirit's Wichita, Kan. facility. About Spirit AeroSystems Inc. Based in Wichita, Kan., Spirit AeroSystems is the world's largest independent supplier of large component parts and assemblies for commercial aircraft. Spirit designs and builds the all-composite forward fuselage for the Boeing 787, in addition to pylon and wing structures for the new airplane. Spirit produces the fuselage, engine pylons and nacelles, vertical fin and horizontal stabilizer, inboard and outboard flaps, and front and rear wing spars for Boeing's Next-Generation 737 family of airplanes. It also builds nose sections, nacelles and pylons for the 747, 767 and 777 aircraft, as well as slats and floor beams for the 777, and wing and fuselage components for the 747. Spirit's facilities in the United Kingdom produce wing components for the Boeing 767 and 777, and the Hawker 800XP. Additionally, its European operation provides structural components, chiefly on wings, for the Airbus A320, A330, A340 and A380 families of aircraft. About Sikorsky Aircraft Corp. Sikorsky Aircraft Corp. is a world leader in helicopter design, manufacturing and service. 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. This press release contains forward-looking statements concerning future business opportunities. Actual results my vary materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement practices or in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but no limited to those detailed in Spirit AeroSystems Holdings, Inc Securities and Exchange Commission filings. On the web: http://www.spiritaero.com For more information, please contact: Sam Marnick, Corporate Communications, Spirit AeroSystems, Inc. Tel: +1-316-523-3330
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