Lockheed to Buy Sikorsky for $9B
Published: 20 July 2015
by Mike Buetow
BETHESDA, MD — Lockheed Martin will buy Sikorsky Aircraft for $9 billion, the companies announced today.
Lockheed will pay for the unit through a combination of newly issued debt and cash on hand, and the deal is expected to close no later than the first quarter of 2016.
Sikorsky's owner, United Technologies, said last month that it would sell the Black Hawk helicopter maker.
Press Releases
- Austin American Technology Reports Strong Growth in Mexico
- GEN3 Announces Exclusive UK Distribution Partnership with RAS for HATS2 Test System
- Yamaha Robotics Brings Inspection Innovations for Growing Markets to electronica 2024
- Zero Defects International to Exhibit at Silicon Valley Expo and Tech Forum