Lockheed to Buy Teamster-Employer Sikorsky

Chad Bray
The New York Times
July 20, 2015

Lockheed Martin said on Monday that it would buy Sikorsky Aircraft, the maker of the Black Hawk helicopters favored by the United States military, from United Technologies Corporation for $9 billion in cash.

The deal would further bolster Lockheed’s status as the world’s biggest military contractor, giving it another major business line in addition to its already hugely popular military equipment, including the F-35 fighter jet.

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