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Lockheed Completes Sikorsky Acquisition

DefenseNews – WASHINGTON — Lockheed Martin completed its $9 billion acquisition of Sikorsky Aircraft on Friday, replacing United Technologies as the American helicopter maker’s parent company. “Today we are proud to welcome the Sikorsky team to Lockheed Martin,” said Marillyn Hewson, Lockheed Martin chairman, president and CEO, in a prepared statement. “Lockheed Martin and Sikorsky […]

Boeing Officially Opens Advanced Research Center in Missouri

MarketWatch – ST. LOUIS, Oct. 20, 2015 /PRNewswire/ – Boeing today opened its new research and technology center in St. Louis. The facility will serve as the company’s regional hub for collaborative technology development with academic institutions and research partners in systems technology. Boeing leaders joined local dignitaries and employees for a ribbon cutting and […]

Boeing To Build Its First Offshore Plane Factory In China As Ex-Im Bank Withers

Forbes – Facing severe pressure from state-subsidized foreign competitors and the end of federal export financing, Boeing BA -3.11% has decided to throw in the towel. After a hundred years of producing its commercial aircraft exclusively in the U.S., the nation’s largest exporter will build its first offshore aircraft plant in China. The new plant […]