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Lockheed Martin acquires Sikorsky for $9 billion

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Sikorsky Black Hawk helicopter Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft from United Technologies Corporation (UTC), for $9.0 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction.The acquisition is

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