Federal Drive

Jesse Holler: Lockheed’s new acquisition shakes up federal market

Lockheed Martin plans to sell its IT business and acquire helicopter-maker Sikorsky for $9 billion. It's a deal with far-reaching consequences — not just for ...

July 22, 2015 8:07 am

< a min read

Lockheed Martin plans to sell its IT business and acquire helicopter-maker Sikorsky for $9 billion. It's a deal with far-reaching consequences — not just for Lockheed and Sikorsky parent United Technology, but also for the broader defense industrial base. Jesse Holler is a quantitative analyst at Bloomberg Government. He joined Tom Temin on the Federal Drive with more analysis on this deal.