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Lockheed Martin to acquire Sikorsky Aircraft

 

Lockheed Martin to acquire Sikorsky Aircraft for $ 9 billion.

 

UH-60 A001

UH-60 Black Hawk. Photo Credit : Sgt.Taresha Neal Joiner / US Army

 

     Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft for $ 9 billion. The price is effectively reduced to approximately $ 7,1 billion, after taking into account tax benefts resulting from the transaction.

     The aquisition is expected to close by late 2015 or early first quarter 2016. The transaction will have no impact on the company’s previously stated commitments to return cash to shareholders through dividends.

     Sikorsky Aircraft Corporation, created by Igor Sikorsky in 1923, is one of the largest helicopter manufacturer in the world. Among its key products the famous UH-60 Black Hawk, with all its derivatives, CH-53 Sea Stallion, H-92 and S-76 for the civilian market, and the future S-97 Raider.

 

UH-60 A002

UH-60 Black Hawk. Photo Credit : Staff Sgt. Joe Armas / US Army

 

CH-53 A001

CH-53 Sea Stallion. Photo Credit : Staff Sgt. Samuel Rogers / USAF

 

S-97 Raider C001

S-97 Raider. Photo Credit : Sikorsky Aircraft

 

 

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