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Daily Archives: July 21, 2015

Lockheed Martin to accuire Sikorsky

United Technologies has announced that it has reached an agreement to sell Sikorsky Aircraft to Lockheed Martin for $9 billion in cash. The transaction, which is subject to regulatory approvals and customary closing conditions and adjustments, is projected to close by year-end or in the first quarter of 2016. Proceeds from the sale are expected to be used to fund …

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