UPDATE 3-Lockheed to buy Sikorsky for $9 bln; reviews options for IT business

WASHINGTON, July 20 (Reuters) – Lockheed Martin Corp said Monday it would buy Sikorsky Aircraft, the helicopter unit of United Technologies Corp, for $9 billion, and would review the possible sale or spinoff of $6 billion in other information technology and services businesses.

Source: Technology Sector News

Leave a Reply

Your email address will not be published. Required fields are marked *

fifteen + two =