Bud Grebey Quotations | Page 2

We want them back as quickly as possible. We've implemented a contingency plan and the implementation of our contingency is on track. We're performing necessary work at facilities throughout Connecticut and other locations so we can meet our commitments to the U.S. military and other customers.

We believe this is a good, fair and competitive offer. The rising cost of health care is something that's affecting all Americans. We're asking our union employees to shoulder more of the cost . . . to keep our factories in Connecticut and Florida competitive.

We are aware that fleet readiness is the Navy's highest priority and we are supporting them accordingly. We're tracking spares down to the part number and delivering them in accordance with the Navy's needs.

We're hopeful that they approve the contract and come back to work making the world's best helicopters.

We see no basis for resuming negotiations. We are operating under a contingency plan implemented after the union decided to strike.

Operations continue and we're open for business. We hope that the Teamsters-represented workers will come back to work, but if the strike continues, our contingency plan will bring Sikorsky to full capacity.

Our strong preference is to have our striking workers return to work.

The ball is in their court. We believe we have presented a fair contract. We are asking that the union reconsider their decision.

Sikorsky and the union did have initial contact with each other to explore what opportunities there are to resume negotiations. We'll need some further evaluation of that contact today to see if an opportunity presents itself to get back to the table.

We've offered our hourly-wage earners a health-care plan that's virtually identical to what we've provided to thousands of our salaried staff. It's a plan that gives them five options to choose health coverage that best meets their economic and medical needs.