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Lockheed confirms US$9b Sikorsky Aircraft purchase

Sikorsky UH-60 Black Hawk helicopters flying near the US military base in Mosul, north of Baghdad. Sikorsky was founded in 1925 by aviation pioneer Igor Sikorsky, who left Russia for the US after the Bolshevik revolution.

New York

LOCKHEED Martin said it will buy Sikorsky Aircraft, the storied US maker of the Black Hawk helicopter, in an all-cash US$9 billion deal with United Technologies Corp (UTC).

"Sikorsky is a natural fit for Lockheed Martin and complements our broad portfolio of world-class...