STRATFORD — Sikorsky Aircraft and Boeing are working to reach new heights.
The aerospace companies are together working for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program to develop a new vertical-lift aircraft, with first flight scheduled for 2017.
The team presented its idea for the SB>1 Defiant helicopter at the Association of the United States Army Annual Meeting & Exposition in October 2013, and was selected to carry out the project this summer. The Army plans to invest $217 million in the project; competing teams (which included Bell Helicopter+Textron and AVX Aircraft+Kaman Aircraft) each received $6.5 million to start work.
WALLINGFORD — Electronic cable and fiber optic manufacturer Amphenol is connecting with a new manufacturer.
The company will acquire Bridgeport-based Casco Automotive Group, which makes connectivity, power and sensor products for the automotive industry, for $450 million. The buyout is part of Amphenol’s efforts to reach into the automotive market.
Casco has more than 70 years experience in sensor and module development, with roughly 1,300 employees in facilities in North and South America, Europe and Asia. Its annual sales reach $220 million; Amphenol, on the other hand, generated $4.6 billion in revenues in 2013.
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