MILWAUKEE (AP) — Derco Aerospace, a unit of Sikorsky Aerospace Services, said Monday it will exclusively distribute Telair International's line of aircraft parts to the U.S. government.
The deal is an expansion of the companies' current distribution deal. Previously, Derco only distributed Telair's military aircraft products internationally.
Sikorsky Aerospace Services is the aftermarket business of Sikorsky Aircraft Corp., a unit of United Technologies Corp. Sikorsky Aircraft is based in Stratford, Conn.
Shares of United Technologies dipped 15 cents to $76.32 in afternoon trading.