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Brazilian Navy Signs Agreement To Buy Two S-70B Helicopters

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Sikorsky [UTX] said recently that the Brazilian Navy has signed an agreement with the U.S. Government to acquire two Sikorsky S-70B maritime helicopters via the Foreign Military Sales process. In 2010, the Brazilian Navy contracted for four S-70B aircraft for $163.8 million with deliveries beginning in December 2011 through the end of the first quarter of 2012. That contract included associated modifications, production, and transportation. Sikorsky expects contract finalization for the additional two aircraft in 2012 and delivery in 2014.…

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