July 25, 2015

Lockheed to buy United Tech’s Sikorsky

Lockheed Martin, the defense contractor that plans to acquire Sikorsky Aircraft, finds itself in the unusual position of buying the same company it has been striving to beat out in a design “fly off” – a high-stakes contest that could set up the winner for an extended run not unlike that enjoyed by Sikorsky after the Pentagon picked the Black Hawk in 1972 as its all-purpose helicopter. On July 20, ...

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Category: General Aviation

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