Sikorsky sale or spin off on lower deliveries to the oil and gas industry

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Sikorsky’s operating profit will be down as much as $125 million on lower deliveries to the oil-and-gas industry.

“We’ll have the decision on spin versus sale done, I think, in about 60 days — probably by the end of July,” Chief Executive Officer Gregory Hayes told investors on a conference call at the Paris Air Show.

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