Canada to impose cash penalties on Sikosky for H-92 delays

Canada to impose cash penalties on Sikosky for H-92 delays

3-Mar-2011 Source: Globe & Mail

Sikorsky faces a financial hit after failing to meet a schedule that already has been pushed back from the original 2008 deadline. The token penalty represents up to 0.15% of the $5.7-billion contract, but the move highlights the Canadian Government’s decision to take a tougher stand

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