Lockheed Martin to acquire United Technologies’ Sikorsky Aircraft Unit

Lockheed Martin Corp., the largest U.S. weapons maker, has agreed to buy United Technologies Corp.’s Sikorsky Aircraft unit, the maker of Black Hawk helicopters, for more than $8-billion (U.S.), a source familiar with the negotiations said on Sunday. The two companies plan to announce the deal on Monday before both report second-quarter results on Tuesday, said the source, who was not authorized to speak publicly.

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