Lockheed Moves Ahead With Sikorsky Buy

Lockheed Martin said in a filing with the Securities and Exchange Commission today it has met one of the closing conditions to purchase Sikorsky.

Lockheed announced in July it will pay $9 billion for Sikorsky, in a deal expected to close before the end of the year.

In today's filing, the company said the deal required the expiration of a waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. That period expired on Sept. 23.

"Additionally, regulatory review is complete in Japan and Korea," the filing adds. "Closing of the Transaction remains subject to other regulatory approvals and customary closing conditions."