Sikorsky off the hook for up to $36M late delivery penalties for Canadian H-92s

Sikorsky off the hook for up to $36M late delivery penalties for Canadian H-92s

30-May-2011 Source: Globe and Mail

The Canadian government vowed in 2004 to slap penalties of $3-million a month – up to a total of $36-million – for delays in the delivery of the aircraft that will replace the aging Sea Kings. At the time, the goal was to get the first Cyclone CH-148 in 2008.

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