Frank Kendall

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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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