Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction.
Sikorsky Aircraft and Terma A/S have started negotiations to determine how Terma’s aircraft defence systems might be integrated onto Sikorsky’s helicopters.