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Lockheed to Explore IT Business Separation, Inks $9B Deal for Helicopter Maker Sikorsky

acquisition

Lockheed Martin (NYSE: LMT) will examine a potential separation of its government information technology and technical services business components and has agreed to purchase helicopter manufacturing business Sikorsky Aircraft from United Technologies Corp. for approximately $9 billion. Lockheed announced both moves Monday and said its IT business segment review will look at whether to spin off or ...

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