FIRST AIRED: July 20, 2015

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00:00:00
black hawk helicopters heading to lockheed martin the pentagon's largest weapons a flyer announcing a deal monday to buy sikorsky aircraft from united technologies for nine billion dollars making this lockheed's largest deal in nearly two decades reuters correspondent andrea shawl for lockheed martin lifting down , will help diversify its portfolio make it less reliant on day three hundred and ninety one billion dollar f. thirty five fighter jet program , currently that program alone accounts for nearly twenty percent of the company's revenues , which is %HESITATION considered to be too great of exposure to one single product for united technologies it's a big deal because it sheds one of the units that they have that spends has a lower revenues lower margins sikorsky's the u. s. military's largest helicopter supplier the pentagon is not expected to block the deal but industry experts say the merger will be closely scrutinized given that a combined company would make lougheed much bigger than it's two closest rivals boeing and northrop grumman lucky also considering a six billion dollar spinoff of its less profitable government i. t. n. services units , the two companies expect to seal the deal by the end of the year