https://www.wptv.com/news/region-n-palm-beach-county/jupiter/sikorsky_lockheed-martin-layoffs-in-jupiter-possible
4 replies (most recent on top)
I meant Black Hawk, not awake yet.
To win the Turkey and Poland contracts, Sikorsky had to agree to assemble the helicopters in those countries. If Sikorsky had insisted on US assembly, Turkey and Poland would have selected an Airbus helicopter. Sikorsky commercial sales are a disaster - the S76 and S92. That leaves the Blackhawk, and the US govt reduced their purchase of these. Sikorsky has a bright future, but things won't pick up until the 53K and the Presidential go into production. Higher oil prices should kickstart S92 sales. Look for tough times until 2020.
FAFO!!! Slow down. Don’t stop working but work at a snails pace.
SLOW DOWN, WORK VERY SLOW!
Fight for our jobs!!!!!!!
Helicopters under assembly in Palm Beach County, Fla., where Sikorsky has production and testing facilities in Jupiter. Photo: (File Photo Via Lockheed Martin)
Helicopters being now made in Poland and Turkey
Lockheed Martin will lay off more than 248 Sikorsky Aircraft employees in Jupiter, Fla. who work on Black Hawk helicopters, according to a report by a local TV station.In a Tuesday conference call, Lockheed Martin executives had referenced lower government sales of Sikorsky helicopters, while noting improved profitability the result of cost cuts.Sikorsky has its main production facility in Stratford, which is also home to the Teamsters Local 1150 labor union that represents workers there and at production sites in Florida and Alabama.
WPTV cited multiple anonymous employees who said layoffs could be in the offing at a Jupiter facility that employs 750 people, with a Sikorsky spokesman not providing any confirmation Wednesday in response to a Hearst Connecticut Media query.
“We are actually ... getting a little bit of traction with some of the initiatives we put in place and ... managing some cost controls (better) than the business had previously,” said Bruce Tanner, chief financial officer of Lockheed Martin. “We are hoping that trend continues, obviously, as we go up through the rest of the year.