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.
Welcome To The Service Industry, Part 5
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