Here Are 20 Billion Reasons Not to Sell Sikorsky

Turkey plans to upgrade its air forces with more modern versions of this S-70 Seahawk — already in Turkish service. Photo: Wikimedia Commons

Earlier this month, I laid out three good reasons why industrial conglomerate United Technologies might want to sell its Sikorsky helicopter division — and four better reasons not to. On Friday, the list of arguments against selling Sikorsky just got longer — 20 billion reasons longer.

As reported on DefenseNews.com Friday, Turkish Prime Minister Recep Tayyip Erdogan has just announced the conclusion of an agreement to hire Sikorsky to build his country 109 helicopters for an initial $3.5 billion

http://www.dailyfinance.com/2014/02/21/here-are-20-billion-reasons-not-to-sell-sikorsky/

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