United Technologies sells Sikorsky Aircraft to Lockheed Martin
- Buyer
- Lockheed Martin
Scope: Sikorsky Aircraft (100% transferred)
Whole-company sale of Sikorsky Aircraft Corporation.
Event context
United Technologies Corporation (UTC) announced on July 20, 2015 an agreement to sell its Sikorsky helicopter business to Lockheed Martin for approximately $9 billion in cash; the sale closed November 6, 2015. Sikorsky became a wholly owned Lockheed Martin business area. Confirmed via UTC and Lockheed Martin SEC 8-K filings and company press releases.