Lockheed Martin to buy Sikorsky Aircraft for $9B

Posted online July 20, 2015 | 6:31 am

Lockheed Martin, the Pentagon's largest arms supplier, announced today it would buy Black Hawk helicopter maker Sikorsky Aircraft from United Technologies for $9 billion.

The company also reported net income of $929 million, an increase from $889 million a year earlier, according to Reuters.

Earnings per share rose to $2.94 from $2.76.

Read more from Reuters.

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