June 20, 2013
Sikorsky, Boeing form joint venture to offer Saudi rotorcraft logistics and training
Sikorsky Aircraft and Boeing have formed a joint venture to compete for sustainment services in support of the Kingdom of Saudi Arabia’s rotorcraft fleet. Contracts that the joint venture will pursue are administered by the U.S. Government as part of its Foreign Military Sales process. The joint venture will help advance the Kingdom’s efforts to diversify its economy, expand the technological expertise of its aerospace and commercial sectors, and create jobs.