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Lockheed to buy United Tech's Sikorsky for over US$8b: sources

Deal will add further heft to Lockheed, which already dwarves its nearest competitors

Two Sikorsky VH-3D Sea King helicopters, one designated as the Marine One helicopter with US President Barack Obama on board and a backup helicopter, arriving at the White House in Washington, DC. The Sikorsky deal will be Lockheed's largest acquisition since it bought Martin Marietta Corp two decades ago.


LOCKHEED Martin Corp has agreed to buy United Technologies Corp's (UTC) Sikorsky Aircraft for over US$8 billion, two sources said on Sunday, cementing a deal that would confirm Lockheed's dominance in weapons making and giving the Black Hawk helicopter to the maker of the F-35...