Lockheed Confirms Purchase of Sikorsky

Lockheed Martin made it official yesterday…announcing it has acquired Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9 billion. Lockheed Martin employs approximately 2,600 people at its Owego facility. The plant currently works closely with Sikorsky on helicopter contracts including the VH-92 – Marine One Presidential Helicopter – the Combat Rescue Helicopter and MH-60 installing electronics and mission control systems. Lockheed’s corporate offices in Bethesda said the deal would not mean more jobs for the Owego facility. The deal is expected to close by the end of 2015 or the beginning of 2016.