Lockheed Martin confirms acquisition of Sikorsky

After weeks of rumored negotiations, Lockheed Martin has confirmed it will acquire Sikorsky Aircraft from United technologies Corporation (UTC) for $9 billion. Sikorsky will be aligned under the Lockheed Martin Mission Systems and Training (MST) business segment Thanks to a tax break Lockheed will effectively pay a figure closer to $7.1 billion for the military and commercial rotary-wing aircraft firm. Lockheed’s Mission Systems and Training arm already partners with Sikorsky on a numb...
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