Words of Advice:

"Never Feel Sorry For Anyone Who Owns an Airplane."-- Tina Marie

"
If Something Seems To Be Too Good To Be True, It's Best To Shoot It, Just In Case." -- Fiona Glenanne

"
Flying the Airplane is More Important than Radioing Your Plight to a Person on the Ground
Who is Incapable of Understanding or Doing Anything About It.
" -- Unknown

"There seems to be almost no problem that Congress cannot, by diligent efforts and careful legislative drafting, make ten times worse." -- Me

"What the hell is an `Aluminum Falcon'?" -- Emperor Palpatine

"Eck!" -- George the Cat

Wednesday, July 15, 2015

Lockmartsky?

Lockheed-Martin is trying to buy Sikorsky from United Technologies Corp..

Because LockMart isn't growing any. Sikorsky has some civilian business.

My question: Why United Technologies wants to dump Sikorsky? Do they need the money that badly that they're selling off a company with good growth potential? Of is there an issue that UTC would just be happy to get rid of?

Sikorsky is based in Connecticut. Which, coincidentally, just added a disguised tax on estates: The probate court fee for an estate in CT is now 0.5% with no cap. So if you're rich and you live in Connecticut, it's in your best interests to move.

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