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Business/Financial

Sikorsky, Terma, Extend And Broaden Recent MoU

By Cal Biesecker

Monday, May 14th, 2012

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Sikorsky Aircraft [UTX] and Terma A/S last week said they have extended and broadened their previously announced Memorandum of Understanding (MoU) to explore additional potential collaborations on aircraft programs. Both the original MoU, signed in February 2010, and the new MoU are conditioned on the Danish government’s decision to procure Sikorsky MH-60R Seahawk® helicopters via a Foreign Military Sale with the U.S. Government--currently under consideration. Sikorsky Aircraft is a world leader in the design, manufacture and service of helicopters. Terma…

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