MILWAUKEE, Wis., Nov. 27, 2012 /PRNewswire/ -- Derco Aerospace, Inc., a Sikorsky Aerospace Services (SAS) company, today announced the signing of a three-year agreement to exclusively distribute Eaton's complete line of C-130 and F-16 products in select international markets. SAS is the aftermarket business of Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (NYSE: UTX).
"We are proud to have been selected for this exclusive distributorship. The new alliance will benefit international operators by providing superior service and responsive delivery of Eaton products," said Brian Holt, President of Derco Aerospace, Inc. "By leveraging Derco's customer relationships and opening new market opportunities, the agreement will enhance growth potential for both our companies."
A worldwide provider of aftermarket support services to international military operators and MRO facilities, Derco will exclusively distribute spares manufactured by Eaton to select international markets. Such spares comprise items for hydraulic, fuel, electrical and conveyance systems. All Eaton product lines, including hydraulic system pumps, Teflon hose assemblies, quick-disconnect self-sealing couplings and a wide variety of power-management relays and illuminated switches, will be available from Derco. Additionally, Derco and Eaton will continue to jointly offer repair and overhaul services for Eaton products.
"Extending Eaton's relationship with Derco through this venture will bring enhanced support to the international C-130 and F-16 communities," said Einar Johnson, Vice President of Sales for Eaton's Aerospace Group. "This is also an opportunity for Eaton and Derco to expand our global presence as key suppliers of products and services for the military aftermarket."
Founded in 1979, Derco Aerospace, Inc. is based in Milwaukee, Wis., and is a recognized leader in providing aircraft spares distribution, logistics and technical solutions to customers throughout 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 an integrator and full service logistics 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. Sikorsky Aerospace Services provides comprehensive support to rotary and fixed wing aircraft throughout the world. It offers its military and commercial operators a full portfolio of support services, including material distribution, maintenance, overhaul & repair, aircraft modifications and life-cycle support. 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. In the aerospace industry, Eaton is a leading supplier of hydraulic, electro-hydraulic pump and generator products and integrated systems; engine and airframe fuel pumps; electric motors; aircraft door actuation, flight and flow controls; fluid, fuel and air delivery products and systems; nose wheel steering systems; integrated control systems; cockpit controls and displays; power and load management systems; pressure sensors, seals, and fluid health monitoring products and systems. Eaton serves commercial and military aviation, aerospace, military weapons, marine and off-road markets worldwide.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV