Lockheed Martin (NYSE: LMT) said it has closed its acquisition of Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft.
Aligned under the Lockheed Martin Mission Systems and Training (MST) business segment, Sikorsky Aircraft is now known as Sikorsky, a Lockheed Martin company.
Sikorsky, a Lockheed Martin company, will retain its headquarters in Stratford, Connecticut. The line of business employs nearly 15,000 employees in 11 countries. Its helicopters are used by all five branches of the US armed forces, along with military services and commercial operators in 40 nations.
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that — with the addition of Sikorsky — employs approximately 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.