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Lockheed to buy United Tech's Sikorsky for more than $8 billion: Source

2015-07-19 21:34:05| Industrial Machines - Topix.net

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 over $8 billion, 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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