Lockheed taking a cautious look at Iran market
June 6, 2016 By Reuters
Lockheed Martin Corp, the largest U.S. arms maker and parent of Sikorsky, has begun to study the possibility of selling commercial helicopters to Iran, but said the market may be small and the company still needed guidance from the U.S. government.
Lockheed, along with Boeing Co, is one of the first major U.S. aerospace companies looking into selling to Iran for the first time since U.S. sanctions were imposed following Iran’s Islamic Revolution of 1979.
European aircraft manufacturers already are starting to get orders from Iran after sanctions were lifted on Jan. 16. | READ MORE