Sikorsky To Acquire Schweizer Aircraft

This is an interesting piece of news from the helicopter industry:

STRATFORD, Conn.,- Sikorsky Aircraft Corp.,
a subsidiary of United Technologies Corp.
(NYSE: UTX), today announced an agreement
to acquire Schweizer Aircraft Corp., a
privately owned U.S. company specializing
in the light helicopter, reconnaissance
aircraft, and unmanned aerial vehicle (UAV)
markets.

Full article at:

http://www.sikorsky.com/details/0,30...TI1857,00.html

Schweizer press release (Adobe Acrobat .pdf format) at:

http://www.sacusa.com/Aquisition_Press_Release.pdf

I would guess that this deal has been in the works since well before
the passing on 18 August 2004 of Paul A. Schweizer.

I am sure that they have considered closely the best interests of both
their stakeholders and their employees. And I wish them well in all
their future business endeavors. However, I am still just a bit
wistful at the thought of them becoming another division of United
Technologies.

Oh, well, such is business. I hope that Sikorky treats them well.

Thanks, and best regards to all

Bob K.