Published:
Delphi Grows Supply to Military, Aerospace Market With New Sikorsky Helicopter Business
Sikorsky Aircraft Corporation Chooses Delphi Connection Systems to Supply Relay Panels on Two-Year Canadian Maritime Helicopter Project

Delphi Connection Systems has won a contract from
Sikorsky Aircraft Corporation to supply electronic relay panels on its
Canadian Maritime Helicopter program. Production on the program started
last month.
Six relay panels are used on each aircraft to provide switching control for
all systems as well as to provide access to reserve and backup power.
Delphi Connection Systems is an established supplier to Sikorsky, and also
manufactures the stabilator amplifier for the company's BLACK HAWK
helicopter program at its Tijuana, Mexico facility. The plant, which
fosters the principles of lean manufacturing, has recently achieved AS9100
certification. AS9100 is the quality management system (QMS) standard
specific to the aerospace industry.
Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in
helicopter design, manufacturing, and service. It is a division of United
Technologies Corp. (NYSE: UTX), provider of a broad range of
high-technology products and support services to the aerospace and building
systems industries.
"Although Delphi is often categorized as an automotive company, Delphi
Connection Systems has actually been supplying the military and aerospace
market for over thirty years. Delphi's strong heritage has made us a
preferred electrical/electronic partner across the transportation industry
-- whether it be by land, by sea or by air," said Richard Franzi, general
manager, Delphi Connection Systems.
"Our customers in the defense market require a rugged product that can
perform in harsh environments," Franzi said. "We are proud to have
Sikorsky continue to put their trust in our world-class manufacturing
practices and our knowledge of electrical/electronic architecture."
Delphi Electrical/Electronic Architecture delivers power and signal
distribution networks for today's increasingly complex transportation
applications. Delphi engineers act as master architects by using
proprietary design tools and software to create a virtual model of E/E
architecture -- down to the last connector, electrical center, electronic
module and wiring harness. In doing so, they evaluate the impact of various
trade-offs to deliver a fully optimized E/E architecture system backed by
Delphi technical centers and manufacturing facilities in 31 countries
around the globe.
For more information about Delphi Corp. (PINKSHEETS: DPHIQ), visit
www.delphi.com
FORWARD LOOKING STATEMENT
This press release, as well as other statements made by Delphi may contain
forward-looking statements that reflect, when made, the Company's current
views with respect to current events and financial performance. Such
forward-looking statements are and will be, as the case may be, subject to
many risks, uncertainties and factors relating to the Company's operations
and business environment which may cause the actual results of the Company
to be materially different from any future results, express or implied, by
such forward-looking statements. In some cases, you can identify these
statements by forward-looking words such as "may," "might," "will,"
"should," "expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "potential" or "continue," the negative of these terms and
other comparable terminology. Factors that could cause actual results to
differ materially from these forward-looking statements include, but are
not limited to, the following: the ability of the Company to continue as a
going concern; the ability of the Company to operate pursuant to the terms
of the debtor-in-possession financing facility and to obtain an extension
of term or other amendments as necessary to maintain access to such
facility; the terms of any reorganization plan ultimately confirmed; the
Company's ability to obtain Court approval with respect to motions in the
chapter 11 cases prosecuted by it from time to time; the ability of the
Company to prosecute, confirm and consummate one or more plans of
reorganization with respect to the chapter 11 cases; the Company's ability
to satisfy the terms and conditions of the EPCA; risks associated with
third parties seeking and obtaining Court approval to terminate or shorten
the exclusivity period for the Company to propose and confirm one or more
plans of reorganization, for the appointment of a chapter 11 trustee or to
convert the cases to chapter 7 cases; the ability of the Company to obtain
and maintain normal terms with vendors and service providers; the Company's
ability to maintain contracts that are critical to its operations; the
potential adverse impact of the chapter 11 cases on the Company's liquidity
or results of operations; the ability of the Company to fund and execute
its business plan (including the transformation plan described in its
filings with the SEC and the Bankruptcy Court. and to do so in a timely
manner; the ability of the Company to attract, motivate and/or retain key
executives and associates; the ability of the Company to avoid or continue
to operate during a strike, or partial work stoppage or slow down by any of
its unionized employees or those of its principal customers and the ability
of the Company to attract and retain customers. Additional factors that
could affect future results are identified in the Company's Annual Report
on Form 10-K for the year ended December 31, 2006, including the risk
factors in Part I. Item 1A. Risk Factors, contained therein and the
Company's quarterly periodic reports for the subsequent periods, including
the risk factors in Part II. Item 1A. Risk Factors, contained therein,
filed with the SEC. Delphi disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events and/or otherwise. Similarly, these and other
factors, including the terms of any reorganization plan ultimately
confirmed, can affect the value of the Company's various prepetition
liabilities, common stock and/or other equity securities. Additionally, no
assurance can be given as to what values, if any, will be ascribed in the
bankruptcy cases to each of these constituencies. A plan of reorganization
could result in holders of Delphi's common stock receiving no distribution
on account of their interest and cancellation of their interests. In
addition, under certain conditions specified in the Bankruptcy Code, a plan
of reorganization may be confirmed notwithstanding its rejection by an
impaired class of creditors or equity holders and notwithstanding the fact
that equity holders do not receive or retain property on account of their
equity interests under the plan. In light of the foregoing, the Company
considers the value of the common stock to be highly speculative and
cautions equity holders that the stock may ultimately be determined to have
little or no value. Accordingly, the Company urges that appropriate
caution be exercised with respect to existing and future investments in
Delphi's common stock or other equity interests or any claims relating to
prepetition liabilities.
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