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Old 8th November 2004 | 15:29
  #17 (permalink)  
NickLappos
 
Joined: Apr 2003
Posts: 3,012
Likes: 1
From: USA
Flight Safety,

That is a big issue when one company buys out another. When Sikorsky bought HSI and AAG, we were very sensitive to not interfering with the senior management and basic operating methods. This helped those companies preserve what made them good. I think we have similar motives with Schweizer. While UAV's are an important new thing, the light helicopter, airplane and glider operatons are also important.

The Schweizer family is part of the current management team, and they are highly respected by the Sikorsky folks. I am sure they would shy away from any deal that made the company bend away from its customer base.

No comments on Buffett, he doesn't make anything, never did and never will. If this were a money thing, I am sure there are lots of companes to buy that do other things and could make even more money. Flying machines are what we do, and what Schweizer does, and that is a core value for both companies.

In a nutshell, your words are wise - don't screw up the golden goose. Message received!
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