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SIKORSKY AIRCRAFT CORPORATION STANDARD TERMS AND CONDITIONS OF PURCHASE ( SA 908 ) Rev. 12/1/2012 VERIFY CURRENT REVISION OF FORM SA908 Rev Dec 1 2012 Section Headings SECTION I: TERMS AND CONDITIONS.

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One of Lockheed Martin's recent acquisitions is helicopter manufacturer Sikorsky Aircraft. Sikorsky was founded as Sikorsky Manufacturing Corp. in 1925 by Igor Sikorsky, the legendary aviation pioneer known for developing the helicopter and other aircraft.

Lockheed Martin Completes Acquisition of Sikorsky Aircraft - Nov 6, 2015.

It was established by aviation pioneer Igor Sikorsky in 1923 and was among the first companies to manufacture helicopters for civilian and military use....Sikorsky Aircraft. TypeSubsidiaryHeadquartersStratford, Connecticut , United StatesKey peopleDan Schultz (President)ProductsHelicopters, other aircraft9 more rows

Lockheed Martin (NYSE: LMT) purchased Sikorsky for close to $9 billion in November of 2015. At the time, most analysts were of the opinion that LMT had overpaid. Additionally, they believed that Sikorsky would have fit better at Textron, which manufactures Bell helicopters.

Sikorsky, owned by Lockheed Martin, faced off against Texas-based Bell, a Textron company, in hopes of receiving the contract to manufacture new aircraft. The machines will replace the Army's fleet of Black Hawk helicopters, which Sikorsky has been making for 40 years.

UTC said it had to sell Sikorsky because of declining profits. For Lockheed Martin, which will take full ownership of the company by the first quarter of 2016 at the latest, the acquisition is the most significant development since taking over Martin Marietta Corporation in 1995.

The acquisition advances Lockheed Martin's commitment to provide its customers with mission-ready solutions that are affordable and efficient, while expanding its core business into the growing areas of helicopter production and sustainment.

In addition, Sikorsky (a Lockheed Martin Company) provides military and rotary-wing aircraft to all five branches of the U.S. armed forces along with military services and commercial operators in 40 nations.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232