Lockheed Martin (LMT) gets liftoff from Sikorsky buy

Lockheed Martin Corp.

shares gained 1.8% to $204.89. The company announced a plan to acquire Sikorsky Aircraft, maker of Black Hawk helicopters, from United Technologies for $8 billion. Lockheed also raised the range of its outlook for full-year earnings to $11.00 to $11.30 from a range of $10.85 to $11.15. Share volume was 252,000, compared to an all-day average of 304,000