Turkmenistan Purchases Two VIP S-92 Helicopters

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Turkmenistan Purchases Two VIP S-92 Helicopters

July 18, 2004

  FARNBOROUGH, United Kingdom - Sikorsky Aircraft Corp. today announced that it has sold two S-92 helicopters to Turkmenistan for presidential transport. The helicopters will be delivered in the 2005-2006 timeframe.

Upon inking the $53M deal in Ashgabat on June 28, Turkmenistan President Saparmurat Niyazov noted the reliability and quality of Sikorsky helicopters, a staple in its aviation fleet since the country purchased its first Sikorsky helicopter in 1996.

"The S-92 is a natural fit for VIP presidential transport. It was designed from the outset to meet the most rigorous safety standards in the world," said Jeff Pino, Sikorsky Vice President of Marketing and Commercial Programs.

The contract brings the total number of S-92 aircraft sold to 27. In addition to the confirmed sales, Sikorsky also has options and deposit agreements for 30 S-92 aircraft. Other customers include Petroleum Helicopters, Inc. (PHI), Norsk Helikopter of Norway, and Canada's CHC Corporation and several VIP customers, attesting to the aircraft's versatility.

Sikorsky Aircraft Corporation, based in Stratford, Conn., is a world leader in the design, manufacture and service of advanced helicopters for commercial, industrial and military uses. Sikorsky helicopters occupy a prominent position in the intermediate to heavy range of 5,300 kg. to 33,000 kg. gross weight. They are flown by all five branches of the United States armed forces, along with military services and commercial operators in more than 40 nations.

Sikorsky is a subsidiary of United Technologies Corporation (NYSE:UTX), of Hartford, Conn., which provides a broad range of high-technology products and support services to the aerospace and building systems industries.

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