Lockheed, United Technologies close Sikorsky deal

Lockheed-logoAccording to an article posted on Reuters.com, Friday Nov 6, 2015 – Lockheed Martin Corp has closed its $9 billion acquisition of Sikorsky Aircraft from United Technologies Corp.

According to an SEC filing by Lockheed Martin, the company borrowed $6 billion to partially fund the transaction.

Lockheed said in a news release that Dan Schultz, a Lockheed vice president of Ship & Aviation Systems, will be the president of Sikorsky. Sikorsky will keep its headquarters in Stratford, Connecticut.

In a conference call with reporters, Schultz said he did not expect any layoffs as a result of the takeover and much of Sikorsky’s current structure would be integrated into Lockheed’s Missions Systems and Training business.

Lockheed announced its planned acquisition of Black Hawk helicopter maker Sikorsky in July.

“Today we are proud to welcome the Sikorsky team to Lockheed Martin,” Marillyn Hewson, Lockheed Martin’s chief executive officer, said on Friday.

(Reporting by Idrees Ali; Editing by Jeffrey Benkoe and Frances Kerry)

Read more at Reuters http://www.reuters.com/article/2015/11/06/us-sikorsky-m-a-lockheed-idUSKCN0SV1Y520151106#fgfckSsaY3JSOCZg.99

Announcing SEA-Aviation-Parts.com: New Website Address, Expanded Parts Website!

Southeast Aerospace has updated its “Component Sales” link to better represent its recently expanded product and inventory offerings.

Our increased inventory and product lines reflect SEA’s move towards providing a broader range of aviation components, including our most recent growth to supply and support a variety of Sikorsky and Eurocopter rotorcraft.

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As always, you can use the search function on www.sea-aviation-parts.com for product information, including real-time stock & delivery details. For more information on SEA’s component services, and for specific item requests that may not be listed, please contact Southeast Aerospace at sales@seaerospace.com.

Attention Helicopter Operators!

Parts Inventory Arriving Weekly!

SEA has received several large shipments of helicopter inventory! These parts are in-house & available to the helicopter market!

Stock Inventory Available for Outright & Exchange:
– VHF/UHF Multiband Radios
– CVR/FDR Recorders
– Vertical Gyros & Sensors
– Engine Instruments
– Audio, Nav & GPS Units
– Autopilot Components & much more!

Be sure to contact SEA (sales@seaerospace.com) with your Sikorsky & Eurocopter requests. http://www.sea-avionics.com/documents/promotions/SEA-HeliOperators.pdf

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