Derco Aerospace Signs Exclusive Four-Year L-100 Total Logistics Support Agreement With Safair Operations

MILWAUKEE, Oct. 23 /PRNewswire-FirstCall/ -- Derco Aerospace, a Sikorsky Aerospace Services company, announced today it has signed an exclusive four-year agreement to provide total logistics support for Safair Operations' fleet of eight L-100 aircraft. Sikorsky Aerospace Services is the worldwide aftermarket business of Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (NYSE: UTX).

Under the agreement, Derco will manage and provide all parts and repairs for Safair's flight line, and intermediate and depot-level maintenance activities supporting the L-100 fleet. Derco will provide Safair with a fixed cost per flight hour support solution and an expanded consumable consignment inventory at Safair's Johannesburg, South Africa, location.

"This total fleet support agreement further solidifies our partnership with Safair Operations," said Brian Holt, Senior Vice President of Sales and Marketing for Derco Aerospace. "Derco takes great pride in supporting Safair's worldwide missions and has the processes, the people and the resources to provide Safair with seamless, uninterrupted, world-class support for their L-100 fleet."

For more information regarding this logistics support program, or to learn more about Derco, call (414) 355-3066 or visit www.dercoaerospace.com.

Safair Operations, which is 100 percent owned by Aergo Capital, is based at OR Tambo International Airport, South Africa, with additional facilities at Cape Town International Airport and in Singapore, the United Kingdom, Ireland and soon Nairobi, Kenya. The Aergo and Safair Group together own 65 aircraft and manage 30 others on behalf of third parties.

Founded in 1979, Derco Aerospace, Inc. is based in Milwaukee, Wis., and is a world leader in providing aircraft spares, services, and solutions to customers around the globe. Through solid relationships with premier original equipment manufacturers (OEMs), Derco maintains one of the largest and most diversified aircraft spares inventories in the world. Today, Derco is a full-service logistics and solutions provider, supporting military and commercial fleets in more than 65 countries.

Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in helicopter design, manufacture and service. Its Sikorsky Aerospace Services business designs and applies advanced logistics and supply chain solutions for commercial rotary, military rotary and fixed wing customers. United Technologies Corp., based in Hartford, Conn., provides a broad range of high technology products and support services to the aerospace and building systems industries worldwide.

SOURCE Sikorsky Aerospace Services