Lockheed Martin to buy helicopter-maker Sikorsky

Global Business

U.S. defense contractor Lockheed Martin has announced a deal to buy helicopter-maker Sikorsky. The multi-billion dollar sale will bolster Lockheed’s dominance in the weapons market. Lockheed Martin, the world’s largest weapons maker, already boasts an impressive list of military hardware including fighter jets, naval vessels and unmanned drones. If this nine billion-dollar deal to buy Sikorsky gets government approval, it signals a determined push into the helicopter market. A move U.S. aviation experts say won’t come as a surprise. CCTV’s Kevin McAleese filed this report from Washington.

Lockheed Martin to buy helicopter-maker Sikorsky

Lockheed Martin to buy helicopter-maker Sikorsky

U.S. defense contractor Lockheed Martin has announced a deal to buy helicopter-maker Sikorsky. The multi-billion dollar sale will bolster Lockheed's dominance in the weapons market.

More details:

  • The Black Hawk helicopter is the most iconic of Sikorsky’s aircraft.
  • The Black Hawk played a role in the raid on Osama bin Laden according to the U.S. government.
  • The Black Hawk helicopter played a role in the famous U.S. mission in Somalia in 1993 when two of the high tech helicopters were shot down.