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September 30, 2012

Anticipating Budget Cuts, Sikorsky To Close Upstate NY Plant

Estimated Job Losses Set At 570 As Operations Move To Florida

Citing "declining defense budgets," Sikorsky announced that it would close its plant in Horseheads, NY, at the end of the year and move the factory's functions to its operation in West Palm Beach, FL. The move will reportedly cost 570 people their jobs.

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KC-46A Could Be Sequestration Target

Automatic Budget Cuts Might Affect The Program

The KC-46A tanker program could fall victim to automatic budget cuts that are possible this winter, but it is not certain that the program would be stopped.

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