Lockheed Martin acquisition of Sikorsky
Lockheed Martin bought Sikorsky, maker of the Black Hawk and CH-53K, from United Technologies.
- Company
- Sikorsky Aircraft
- Type
- M&A
- Status
- Completed
- Date
- 6 Nov 2015
- Value
- US$9bn
- Value basis
- US$9.0bn purchase price; tax benefits cut the effective cost to about US$7.1bn
- Region
- US
- Segment
- Military aircraft
Parties
- Lockheed Martin buyer
- United Technologies seller
Key terms
- Price
- US$9.0bn cash
- Net cost after tax benefits
- about US$7.1bn
- Announced
- 20 Jul 2015
Sources
- Lockheed Martin 8-K: Lockheed Martin to acquire Sikorsky Aircraft sec.gov · 20 Jul 2015
- Lockheed Martin 8-K: Lockheed Martin completes acquisition of Sikorsky sec.gov · 6 Nov 2015
Record DEF-INV-2015-0003. Investments are kept apart from the financings register and never counted in debt totals.
