Lockheed Martin closing in on Sikorsky deal

The Sunday Times
July 13, 2015 | Stratford, Conn.
By The Sunday Times
The American defence giant Lockheed Martin is closing in on a takeover of the maker of Black Hawk helicopters.

It is believed to be close to a deal worth more than $8bn to buy Sikorsky from its fellow American aerospace behemoth United Technologies Corporation.

UTC put Sikorsky, the maker of the Marine One US presidential helicopter, on the block in March when it said it would sell or spin off the company. That attracted interest from rivals including Airbus, Boeing and Textron, but Lockheed is now regarded as firm favourite. | READ MORE

Add comment

Security code

Subscription Centre

New Subscription
Already a Subscriber
Customer Service
View Digital Magazine Renew

Most Popular

Latest Events

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.