The Defense Department is withholding 5 percent of billings for a Navy helicopter contract until United Technologies Corp.’s Sikorsky Aircraft unit fixes deficiencies with an internal business system, a Pentagon spokesman said.
Sikorsky Aircraft Corp. made excess profit selling the U.S. Army helicopter parts that it bought at a lower price from the Pentagon’s primary supply agency, the Defense Department’s inspector general says.
Since the U.S. government shutdown started, one-fourth of MicroTechnologies LLC’s workforce of 400 in Vienna, Virginia, has stayed home. The headquarters is like a “ghost town,” Chief Executive Officer Tony Jimenez said.
The U.S. government shutdown has forced United Technologies Corp.’s Sikorsky Aircraft business to slow production of Black Hawk helicopters and threatens the financial performance of the unit unless it ends soon.