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In the news: Pacific trade pact, Sikorsky sale, billions for CT defense firms

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Congress approved billions for Connecticut defense projects; Sen. Richard Blumenthal stepped up his campaign fundraising with attacks on CNBC commentator Larry Kudlow; Lockheed Martin got the last approval it needed to finalize its purchase of Sikorsky; and the White House released the text of the Trans-Pacific Partnership. Continue Reading →

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With China’s OK, Lockheed Martin to close on Sikorsky purchase

The Sikorsky HH-60 helicopter, a derivative of UH-60 Black Hawk

WASHINGTON – Lockheed Martin said on Tuesday that it has received a final regulatory approval from China, allowing it to close on its $9 billion acquisition of Sikorsky Aircraft from United Technologies. Lockheed Martin said it anticipated closing on Friday. Continue Reading →

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