Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Jody Knoblich
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
jknoblich@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Sikorsky cuts jobs, cites weak military spending

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
Associated Press
Published:
STRATFORD, Conn. -- Helicopter maker Sikorsky Aircraft Corp. is laying off 200 workers due to military spending cuts and the uneven economic recovery.
Spokesman Paul Jackson said Thursday that the subsidiary of United Technologies Corp. is responding to reduced spending by the U.S. and other governments. In addition, he says costs to compete are increasing, and many customers are delaying buying decisions due to what he says is economic uncertainty.
Most of the job cuts are in Connecticut and represent about 1 percent of all jobs at the company. The rest are in eight other states.
Sikorsky, which is based in Stratford, Conn., is best known for its Black Hawk helicopter, a work horse in Afghanistan and, before that, in the Iraq war. It also makes helicopters for commercial use.

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus

Market roundup