Lockheed Bids $9B For Sikorsky; May Spin Off IT, Tech Services
WASHINGTON: Lockheed Martin’s planned purchase of Sikorsky Aircraft, the biggest U.S. helicopter manufacturer, is a natural fit that will mean a lot more to buyer Lockheed and seller United Technologies Corp. than it will for the military rotorcraft industry, present or future. Here’s why. First, the two companies have worked together on military helicopter programs for decades. […]