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Lockheed Martin Acquisition Of Sikorsky To Close Friday

Cal Biesecker By
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Lockheed Martin Acquisition Of Sikorsky To Close Friday
Lockheed Martin Chairman, President and CEO Marillyn Hewson

Lockheed Martin [LMT] on Tuesday said China has favorably completed is regulatory review of the company’s pending acquisition of Sikorsky Aircraft from United Technologies Corp. [UTX], paving the way for the deal to close this Friday.“With this final regulatory approval, we are one step closer to completing this historic acquisition,” Marillyn Hewson, chairman, president and CEO of Lockheed Martin, said in a statement.Lockheed Martin said that once the deal closes, having Sikorsky in its portfolio will advance the company’s “commitment…

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