Splendid Match worth Millions - TAI and Sikorsky Aircraft

Date: Issue 73 - April 2017

A cooperation agreement, that will span decades, was signed between TAI and the world’s leading helicopter manufacturer Sikorsky Aircraft Company at the TAI facilities on 28 February 2017.

The signature ceremony of the agreement, involving the production of structural components for various helicopter platforms, was held with the participation of TAI President & CEO Assoc. Prof. Temel Kotil and Sikorsky Aircraft Company President Mr. Dan Schultz.

First Phase of the Project valued at $ 270 Million in Production Value

While the product delivery is valued at an amount of $ 270 million during the 10-year first phase, the overall cooperation between TAI and Sikorsky is expected to continue until 2044, including the optional period, and the project volume is expected to reach at least $ 500 million.

Within the scope of the contracts made between the Undersecretariat for Defense Industries (SSM) and the main contractor TAI, the main subcontractor Sikorsky Aircraft and other domestic subcontractors, a new dimension has been attained through this agreement, accelerating cooperation following the approval of US export licenses for the “Turkish Utility Helicopter Program” effective on 7 June 2016.