Lockheed Martin buys Sikorsky Aircraft for $9B

A $9 billion deal between Lockheed Martin and United Technologies' Sikorsky Aircraft business has been made.

A $9 billion deal between Lockheed Martin and United Technologies' Sikorsky Aircraft business has been made. (7/20/15)

STRATFORD - A $9 billion deal between Lockheed Martin and United Technologies' Sikorsky Aircraft business has been made. The announcement came from Lockheed Martin just before 8:00 a.m. Monday.

Lockheed Martin has been working on the deal with United Technologies to secure the company's aerospace division.

This is Lockheed's largest asset since it bought Martin Marietta Corp for about $10 billion two decades ago.

Sikorsky employs 8,000 workers in Connecticut.

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