Lockheed Martin is to acquire helicopter manufacturer Sikorsky Aircraft from United Technologies. The $9 billion deal should be effective towards the end of the year, or early next, and confirms Lockheed's dominance in weapons making. Industry sources say the deal will also make Lockheed less reliant on the $391 billion F-35 fighter jet business, while expanding its overseas sales by adding Sikorsky's iconic Black Hawk helicopters to a product line spanning satellites to ships. Lockheed and Sikorsky already work together on several helicopter programmes, including the presidential helicopter, a combat rescue helicopter and the MH-60R- and S-models built for the Navy and Marine Corps.
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