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Russia intervenes in Syria, great-power tension rises
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Lockheed Martin is acquiring Sikorsky Aircraft from United Technologies Corporation (UTC) for $9 billion in cash, integrating it into its Mission Systems and Training business. The deal allows UTC to focus on aerospace and building technologies while Lockheed gains a foothold in vertical lift systems, with market implications for defense contracting and shareholder returns remaining stable.
On October 27, 2015, the Pentagon awarded Northrop Grumman the Long-Range Strike Bomber (later designated the B-21 Raider), beating a Boeing-Lockheed Martin team, in the largest military aircraft award since the F-35. The deal carried a $21.4 billion engineering value and a program worth up to $80 billion for roughly 100 stealth bombers.