Lockheed Martin buys Sikorsky Aircraft for $9B

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.


sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."