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Lockheed Subsidiary Renews Propeller Distribution Deal With UTC Aerospace Systems

Lockheed Subsidiary Renews Propeller Distribution Deal With UTC Aerospace Systems - top government contractors - best government contracting event

Lockheed Subsidiary Renews Propeller Distribution Deal With UTC Aerospace Systems - top government contractors - best government contracting eventLockheed Martin second-tier subsidiary Derco has signed an agreement with United Technologies Corp.‘s aerospace systems unit for Derco to distribute UTC propeller system spares.

The 20-year agreement furthers the relationship established in 1997 between the companies and will focus on the international distribution of 54H60 spares for legacy C-130B-H/L-100 Hercules aircraft, Lockheed said Tuesday.

Jean-Francois Chanut, UTC Aerospace Systems general manager of propeller systems, said the partnership seeks to ensure stable support for customers with C-130 aircraft.

Derco President Brian Holt added the company’s investment in the 54H60 propeller inventory aims to extend quantity price breaks and guarantee availability for customers.

Derco is a subsidiary of Sikorsky Aircraft, which Lockheed acquired from UTC in 2015.

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Written by Joanna Crews

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