Sikorsky Aircraft Newswire

Sikorsky Aircraft Newswire

Comprehensive Real-Time News Feed for Sikorsky Aircraft.

Results 1 - 20 of 492 in Sikorsky Aircraft

  1. Pilots train in US to prepare for Black Hawk choppers: reportRead the original story w/Photo

    3 hrs ago | The China Post

    ... UH-60 helicopters will be mainly used for transportation. The more advanced helicopters manufactured by Sikorsky Aircraft Corporation will replace the military's aging UH-1H helicopter fleet. a a Taiwan so far has taken delivery of eight Black Hawk ...


  2. Reuters: Lockheed considering merging IT services with peer in major dealRead the original story w/Photo

    Friday | Seeking Alpha

    Lockheed Martin is looking at merging some of its IT and services businesses with those of another contractor -- CACI International and SAIC are in talks -- to create the country's largest government services contractor , Reuters reports. The deal could bring a $2B windfall for Lockheed, which has an eye to paying down some debt after a $9B cash deal to acquire Sikorsky Aircraft.


  3. Exclusive: Lockheed Martin mulls merger of some services units with peer - sourcesRead the original story w/Photo

    Friday | Silicon Alley Insider

    The contemplated transaction would create the largest government services contractor in the United States and would generate an estimated $2 billion windfall for Lockheed, the people said. Lockheed, the Pentagon's largest supplier, is looking to pay down debt following its agreement in July to acquire Sikorsky Aircraft, the helicopter unit of United Technologies Corp are in early-stage talks with Lockheed about a so-called Reverse Morris Trust deal for the assets, a transaction that would avert a hefty tax bill, the people said.


  4. Bauchau Named First Igor Sikorsky Distinguished Professor In RotorcraftRead the original story

    Thursday Oct 1 | Aero-News Network

    ... Engineering and serves to support enhanced research specialization in areas related to rotorcraft. Sikorsky Aircraft is a world leader in helicopter design, manufacture and service, headquartered in Connecticut, and is a subsidiary of United ...


  5. Lockheed Martin may be more in sync with Sikorsky than UTCRead the original story

    Thursday Oct 1 | Norwalk Citizen News

    Sikorsky Aircraft headquarters on Main Street in Stratford. The U.S. Department of Defense expressed antitrust concerns over Lockheed Martin's planned $9 billion acquisition of the helicopter manufacturer.


  6. Pentagon concerned about defense industry mergersRead the original story w/Photo

    Thursday Oct 1 | UPI

    The Pentagon's top weapons buyer has voiced concern that major security industry deals like Lockheed Martin's purchase of Sikorsky could hinder innovation. U.S. regulators approved Lockheed Martin's $9 billion acquisition of Sikorsky Aircraft in September, finding the deal did not violate any antitrust laws.


  7. Pentagon Warns On M&A But Bomber May Cause Them AnywayRead the original story w/Photo

    Thursday Oct 1 | Investor's Business Daily

    ) got approval to buy Sikorsky Aircraft, but an upcoming contract award for a new stealth bomber contract could lead to consolidation in the industry anyway. Defense Secretary Ash Carter, who had been the Defense Department's top arms buyer in 2011, ...


  8. Pentagon Slams Sikorsky Deal But Won't Block ItRead the original story w/Photo

    Wednesday Sep 30 | The Hartford Courant

    WASHINGTON - While the Justice Department has given Lockheed Martin's proposal to purchase Sikorsky Aircraft the thumbs up, the Pentagon on Wednesday frowned on the deal, saying it would lead to too much consolidation in the defense industry.


  9. UPDATE 1-Pentagon warns against further consolidation among big arms makersRead the original story

    Wednesday Sep 30 | Reuters

    ... came days after the U.S. Justice Department approved Lockheed Martin Corp's $9 billion acquisition of Sikorsky Aircraft, a unit of United Technologies Corp , one of the biggest acquisitions in the weapons industry in years. Lockheed expects to close ...


  10. Ex-Sikorsky chief joins rival developerRead the original story w/Photo

    Wednesday Sep 30 | Norwalk Citizen News

    Jeff Pino, who led Sikorsky Aircraft between 2006 and 2012, is now vice chairman of Colorado-based XTI Aircraft, which in September 2015 secured $10 million in funding commitments as it develops an aircraft prototype that can take off like a helicopter. A Colorado company developing a newfangled vertical-lift aircraft has raised $10 million in "crowdfunding" commitments, with former Sikorsky Aircraft executive Jeff Pino on the founding team as vice chairman.


  11. XTI Aircraft Company Reaches $10 Million In Expressed Global InterestRead the original story

    Tuesday Sep 29 | Aero-News Network

    ... leaders, including Founder and Chairman David Brody, Pino, the former president and chief executive of Sikorsky Aircraft Corp., Charlie Johnson, the former president of Cessna Aircraft Company, and other accomplished industry veterans. Also: Duncan ...


  12. Morningstar Issues "A" Credit Rating to United TechnologiesRead the original story w/Photo

    Tuesday Sep 29 |

    United Technologies has been given an "A" credit rating by Morningstar . The research firm's "A" rating indicates that the company is a low default risk.


  13. Meggitt acquires EDAC composites divisionRead the original story

    Monday Sep 28 | Composites Technology

    Following Meggitt's acquisition of Cobham during the summer, the addition of EDAC's composites division adds multi-year, long-term agreements with jet engine and other aerospace-related platforms. Meggitt PLC has agreed to acquire the composites division of EDAC , formerly known as Parkway Aerospace & Defense, from Greenbriar Equity Group and other associated sellers for US$340 million in cash.


  14. Lockheed Martin: 10% Dividend Increase Can Add Firepower To Your Portfolio IncomeRead the original story w/Photo

    Monday Sep 28 | Seeking Alpha

    ... in 2015. Separately, another forward catalyst for the company is its $9 billion acquisition of the Sikorsky Aircraft business from United Technologies (NYSE: UTX ). This acquisition should complement Lockheed Martin's existing portfolio well, and is ...


  15. Is The Bull Market Over?Read the original story w/Photo

    Monday Sep 28 | Seeking Alpha

    Many pundits say that the bull market is over and you should put your money in cash. It was good while it lasted, but things can't go on like this forever.


  16. United Technologies's Hold Rating Reiterated at Deutsche BankRead the original story w/Photo

    Sunday Sep 27 |

    's stock had its "hold" rating reaffirmed by investment analysts at Deutsche Bank in a report issued on Monday, Market Beat Ratings reports. They presently have a $102.00 target price on the stock, down from their prior target price of $112.00.


  17. Sikorsky sale clears antitrust hurdleRead the original story w/Photo

    Friday Sep 25 | News Times

    A sailor signals to a Sikorsky MH-60S Seahawk helicopter on the flight deck of the amphibious assault ship USS Boxer during Dawn Blitz 2015 exercises in the Pacific Ocean on September 6, 2015. The Seahawk is assigned to Helicopter Sea Combat Squadron 23. United Technologies' sale of Sikorsky Aircraft to Lockheed Martin cleared the required Hart-Scott-Rodino antitrust waiting period, one of the requirements for Lockheed Martin to complete its purchase of the Stratford-based helicopter manufacturer.


  18. U.S. regulators approve Lockheed-Sikorsky dealRead the original story w/Photo

    Friday Sep 25 | UPI

    U.S. regulators found no violation of antitrust laws in Lockheed Martin's plans to buy Sikorsky Aircraft, according to a company SEC filing. Lockheed Martin, a global security manufacturer, presented its plans to acquire Sikorsky in July .


  19. Lockheed Says U.S. Approves Its $9 Billion Takeover of SikorskyRead the original story

    Friday Sep 25 | NACD

    Reuters is reporting that U.S. officials have approved Lockheed Martin Corp.'s $9 billion takeover of Black Hawk helicopter maker Sikorsky Aircraft from United Technologies Corp. In a filing with the SEC, the company said authorities in Japan and South Korea had also signed off on the deal. Lockheed is now poised to close the purchase before the end of the year.


  20. Analyst sees "changes for the better" at United TechnologiesRead the original story w/Photo

    Thursday Sep 24 | Seeking Alpha

    Barclays analyst Carter Copeland sees "some changes for the better buried underneath a lot of the recent pain" at United Technologies , just a month after warning investors to stay far away from the company. Although still concluding that meaningful change that can benefit investors remains 6-12 months out, Copeland says his discussions with management and observations on recent commentary suggest that 2016 has "good potential to be the re-building year that we hoped 2015 could be on several fronts."