who owns sikorsky

Sikorsky profile

By Jonathan Tauzerus · reviewed against primary sources · updated October 15, 2026.

Lockheed Martin owns Sikorsky and bought it from United Technologies Corporation in November 2015 for $9.0 billion, by Lockheed Martin's account. Sikorsky is not an independent public company and has no stock ticker of its own, so public equity exposure is available only through shares of Lockheed Martin.

What Sikorsky does

Sikorsky builds military and commercial helicopters and uncrewed aircraft for government defense customers and civilian operators. Sikorsky also develops MATRIX autonomy software and containerized vertical takeoff drones for logistics and tactical reconnaissance missions. Because Sikorsky is a wholly owned subsidiary, its sales and operating earnings are consolidated into Lockheed Martin's results rather than reported separately.

The product lines that define the company for research purposes:

Black Hawk: utility helicopter family including UH-60M and international S-70 variants
Seahawk: maritime helicopter family including the MH-60R variant
CH-53K King Stallion: heavy-lift cargo helicopter
Combat Rescue Helicopter: personnel recovery helicopter used by the United States Air Force
VH-92A Patriot: executive transport helicopter serving presidential and government VIP airlift missions
MATRIX: open-architecture autonomy system used on the Nomad drones, the U-Hawk and the Army's UH-60MX Black Hawk
Nomad: family of runway-independent, twin-proprotor vertical takeoff and landing drones, most of them hybrid-electric
Nomad 100 Fast Pack: containerized kit that Sikorsky says holds four Nomad 100 tactical drones in one ISO container
U-Hawk: uncrewed cargo-configured variant of the UH-60L Black Hawk utility helicopter

This profile is qualitative by design. It carries no share price, no price target, no valuation multiple, and no rating — those change faster than any page can honestly track, and the filings linked below are the authoritative source for them.

Sikorsky drone lineup

Sikorsky's uncrewed aircraft, all still in development, are the Nomad family of tail-sitting VTOL drones and the S-70UAS U-Hawk uncrewed Black Hawk. The Nomad family includes the containerized Nomad 100 Fast Pack. Sikorsky's crewed helicopters, such as the Black Hawk and CH-53K, sit outside this drone lineup.

Statuses are editorial classifications from the company’s current public catalog: active means currently presented for sale, delivery, or program work; development means publicly disclosed but not a mature production offering; legacy means retained for historical or installed-fleet coverage.

Recent contracts & awards

A dated log of the specific contracts, orders, funding, and deployments reported for Sikorsky, each tied to its primary source. This is a record of what was announced — a "selection", "award", or "partnership" is not the same as obligated money, so read each source before treating a figure as revenue. No figure appears here unless a source reported it.

LaunchOct 12, 2026
Nomad 100 Fast Pack containerized drone kit introduced
Sikorsky introduced the Nomad 100 Fast Pack, packaging four Group 3 vertical takeoff uncrewed aircraft, mission command gear, and power systems into a single 20-foot ISO shipping container.
Lockheed Martin Sikorsky Press Release
DeploymentMar 23, 2026
Autonomous UH-60MX delivered to U.S. Army DEVCOM
Sikorsky completed flight integration and delivered the experimental fly-by-wire UH-60MX Black Hawk, equipped with the MATRIX autonomy system, to the Army for autonomy testing.
Lockheed Martin Press Release
LaunchOct 13, 2025
U-Hawk uncrewed cargo helicopter unveiled
Sikorsky revealed the U-Hawk, an uncrewed cargo conversion of the UH-60L Black Hawk featuring front clamshell cargo doors, an internal ramp, and a 9,000-pound external sling capacity.
Lockheed Martin Sikorsky Press Release
LaunchOct 6, 2025
Nomad family of VTOL uncrewed aircraft introduced
Sikorsky launched the Nomad family of twin-proprotor vertical takeoff drones, designed to scale from Group 3 tactical platforms up to Group 4 and Group 5 airframes running MATRIX autonomy.
Lockheed Martin Sikorsky Press Release

Is Sikorsky going public?

Sikorsky has no standalone ticker and is not publicly traded. Lockheed Martin bought Sikorsky in November 2015, and Sikorsky now operates as a subsidiary aligned within Lockheed Martin's Rotary and Mission Systems reporting segment. Sikorsky's results are reported inside Lockheed Martin's consolidated filings with the Securities and Exchange Commission. Lockheed Martin trades on the New York Stock Exchange under the ticker LMT.

Where Sikorsky sits in the value chain

Sikorsky is a defense contractor whose unmanned work sits inside a wider defense portfolio, so drone headlines are only one input into results and can be offset — in both directions — by unrelated segments.

Its disclosed activity spans aerial drones. That placement is the single most useful thing to fix in your head before reading any coverage, because the same headline means different things at different layers: a large platform award is transformative for a pure-play, material but diluted for a diversified contractor, and only indirectly relevant to a component supplier whose exposure arrives later as build-rate demand.

Retail coverage routinely applies one story to all three layers at once. For the layer-by-layer comparison across the sector, see the drone stocks research shortlist and the list of publicly traded drone companies.

Who Owns Sikorsky (and Why There Is No Sikorsky Stock)

Sikorsky Aircraft is wholly owned by Lockheed Martin Corporation, which means there is no standalone Sikorsky stock or individual ticker symbol trading on public equity exchanges. Public-market exposure to Sikorsky comes only through Lockheed Martin shares. Lockheed Martin's fiscal 2025 Form 10-K says its common stock trades on the New York Stock Exchange (NYSE) under the symbol LMT.

The 10-K lists 20,822 holders of record of Lockheed Martin common stock at January 26, 2026. Lockheed Martin publishes no separate Sikorsky sales, profit, or backlog tables. Sikorsky instead operates as a business line inside Lockheed Martin, covered in the Lockheed Martin company profile. Lockheed Martin's filings and releases from 2015 through 2026 describe no Sikorsky initial public offering, spin-off or sale.

Lockheed Martin has owned all of Sikorsky since closing the purchase on November 6, 2015.

The 2015 Lockheed Martin Deal

Lockheed Martin announced on July 20, 2015, that it would acquire Sikorsky Aircraft from United Technologies Corporation (UTC) for $9.0 billion. Lockheed Martin said tax benefits cut the effective price to about $7.1 billion. That figure is not cash paid. It reflects Lockheed Martin's estimate that a joint Section 338(h)(10) tax election with UTC has a present value of $1.9 billion.

The acquisition closed on November 6, 2015, and Sikorsky became known as 'Sikorsky, a Lockheed Martin company.' Lockheed Martin named Dan Schultz, a former Marine helicopter pilot who led its integration work, as Sikorsky's president. At closing, Lockheed Martin said Sikorsky had about 15,000 employees in 11 countries.

Note 3 of Lockheed Martin's Form 10-Q for the quarter ended September 25, 2016, records a total purchase price of $9,078 million. It also lists $75 million of cash and cash equivalents acquired, which leaves a price net of cash acquired of $9.0 billion.

The 10-Q says all $2.9 billion of goodwill from the deal was assigned to the Rotary and Mission Systems (RMS) segment. Lockheed Martin said it expected that goodwill to be amortizable for tax purposes.

Where Sikorsky Shows Up in Lockheed Martin's Results

Lockheed Martin organizes its operations into four distinct business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. Sikorsky sits inside RMS, and RMS figures cover far more than Sikorsky. Lockheed Martin's Rotary and Mission Systems page says RMS employs about 35,000 people and runs more than 1,000 programs.

The 10-K's list of RMS programs includes non-Sikorsky work such as Aegis, LCS and C2BMC. Lockheed Martin's fiscal 2025 Form 10-K reports RMS sales of $17,312 million for 2025, against $17,264 million for 2024 and $16,239 million for 2023. The 10-K puts RMS operating profit at $1,323 million for 2025 (a 7.6 percent margin), down 31 percent from $1,921 million (11.1 percent) for 2024.

For 2023, the 10-K gives RMS operating profit of $1,865 million (11.5 percent). Lockheed Martin blamed the drop mainly on reach-forward losses recognized in the second quarter of 2025. By Lockheed Martin's count, those losses were about $570 million on the Canadian Maritime Helicopter Program (CMHP) and $95 million on the Turkish Utility Helicopter Program (TUHP).

The 10-K reports RMS backlog of $47,715 million at the end of 2025, up from $38,117 million a year earlier. Lockheed Martin says the increase came primarily from higher orders on Sikorsky programs. Lockheed Martin's Form 10-Q for the quarter ended June 28, 2026, reports RMS sales of $4,354 million, up 9 percent from $3,995 million a year earlier.

Lockheed Martin credits $255 million of that increase to Sikorsky helicopter programs because the prior-year international contract losses did not recur.

Sikorsky's Helicopter Lines

Sikorsky builds the UH-60M Black Hawk for the United States Army. Lockheed Martin's fiscal 2025 Form 10-K says Lockheed Martin also supports S-70 Black Hawk and MH-60 Seahawk helicopters for international customers. The 10-K names Australia, Greece, India, Japan, the Philippines, the Republic of Korea, Saudi Arabia and Thailand among them. Maritime missions are conducted by the MH-60 Seahawk family, including the Naval MH-60 and MH-60R.

For heavy transport, Sikorsky manufactures the CH-53K King Stallion heavy-lift helicopter. Executive transport is supported by the VH-92A Patriot, which transports the President and Vice President of the United States. In personnel recovery, Sikorsky produces the Combat Rescue Helicopter (CRH) for the United States Air Force. The 10-K says Sikorsky's commercial aircraft are sold for search and rescue, VIP and offshore oil-and-gas transport.

The 10-K describes the Canadian Maritime Helicopter Program as design, development and production of the CH-148, a military variant of the S-92. It says the program has experienced performance issues and that Lockheed Martin has been in talks with Canada about potentially restructuring the contract terms.

Sikorsky's Uncrewed and Autonomy Programs

Sikorsky's uncrewed aerial systems (UAS) run on MATRIX, which Sikorsky describes as an open autonomy system. Sikorsky Innovations developed MATRIX with the Defense Advanced Research Projects Agency (DARPA). Sikorsky says MATRIX is the core of DARPA's Aircrew Labor In-cockpit Automation System (ALIAS) program. Sikorsky says MATRIX has been installed on three Army Black Hawk models: the UH-60A, UH-60L and UH-60M.

On March 23, 2026, Sikorsky reported flight testing and delivery of the Army's experimental UH-60MX Black Hawk, fully integrated with MATRIX. Sikorsky calls the UH-60MX the first full-authority fly-by-wire, optionally piloted UH-60 in the Army's fleet. The Army's Combat Capabilities Development Command (DEVCOM) will use the UH-60MX to test and evaluate autonomy.

On October 13, 2025, Sikorsky introduced the U-Hawk autonomous UAS, a converted UH-60L Black Hawk with the forward cockpit replaced by front-loading clamshell doors and an internal cargo ramp. Sikorsky says the U-Hawk has 25 percent more cargo space than the UH-60L. The U-Hawk's external cargo hook lifts 9,000 pounds (4,080 kg), the same as the UH-60L, according to Sikorsky.

Sikorsky's October 2025 release said first flight was expected in 2026. Sikorsky unveiled the Nomad drone family on October 6, 2025, scaling from Group 3 (56 to 1,320 pounds) to Group 4 and Group 5 (1,320 pounds and above).

On October 12, 2026, Sikorsky introduced the Nomad 100 Fast Pack, a 20-foot ISO container that holds four Nomad 100 drones and their command, power, communications and sustainment gear. Sikorsky says that in the planned configuration, two of the aircraft can be mission-ready in less than 15 minutes.

Army Program Setbacks and Unpublished Sikorsky Figures

Sikorsky missed out on two new U.S. Army aircraft programs between 2022 and 2024. On December 5, 2022, the Army picked Bell's V-280 Valor tiltrotor over the Sikorsky-Boeing SB-1 Defiant for the Future Long-Range Assault Aircraft (FLRAA) program. AIN said FLRAA aims to replace up to 4,000 Black Hawks.

AIN reported a $232 million development contract and a total program value of up to $80 billion. Breaking Defense reported an initial deal worth up to $1.3 billion, with $232 million obligated at first, and said the overall program could reach $70 billion. The Sikorsky-Boeing team filed a protest with the Government Accountability Office (GAO), which denied it on April 6, 2023, Breaking Defense reported.

The GAO found the Army had reasonably rated Sikorsky's proposal technically unacceptable because it lacked the required architectural detail. Defense Daily reported on April 18, 2023, that Sikorsky would not pursue further legal action.

On February 8, 2024, the Army announced it would cancel the Future Attack Reconnaissance Aircraft (FARA) program, in which Bell and Sikorsky were the two remaining competitors. DefenseScoop said budget documents show about $2 billion had been allocated to FARA since 2018.

Lockheed Martin's 10-K says it recorded $87 million of charges in 2024 ($69 million, or $0.29 per share, after tax) for trademark and fixed-asset impairments and severance. The 10-K ties those charges to a second-quarter 2024 strategic review of the Sikorsky business, prompted in part by the FARA cancellation. The 10-K describes no sale or separation of Sikorsky.

Lockheed Martin does not publish Sikorsky's standalone revenue, operating margin, valuation or backlog. Any financial analysis of Sikorsky has to start from the RMS segment figures, which include non-Sikorsky programs.

What to watch

The signals worth tracking are structural, not price-based — they tell you whether the business is changing shape, which is what eventually shows up in the numbers.

Whether the United States Army awards additional multiyear procurement lots for the UH-60M Black Hawk following the cancellation of the Future Attack Reconnaissance Aircraft program.
Whether the U-Hawk makes the first flight Sikorsky expected in 2026, and what the Nomad 100's next flight-test campaign shows, as tracked on the Sikorsky Nomad drone profile.
Contract negotiations with the Canadian government regarding potential restructuring of the Canadian Maritime Helicopter Program following reach-forward losses.
Whether operating margin in Lockheed Martin's Rotary and Mission Systems segment recovers after the second-quarter 2025 reach-forward losses on the Canadian and Turkish helicopter programs.

How to research Sikorsky

Every question below has one authoritative source, and using the wrong source is how most retail research goes wrong.

Research question	Where the answer lives	What to look for
Is there anything to buy?	SEC EDGAR full-text search	Whether any registration statement exists at all — absent one, there is no public security.
Is the government work real?	Official DoD contract announcements	Awarding service and scope of work, rather than a company-issued announcement.
What is the acquisition pathway?	DIU and DARPA program pages	Whether the work runs through non-traditional agreements or a conventional program of record.
How would exposure even work?	Fund holdings disclosures	Whether any listed vehicle discloses a stake — indirect exposure is usually thin and unstated.

Review the deal terms and goodwill allocation in Lockheed Martin's September 2016 Form 10-Q.
Check Rotary and Mission Systems segment sales and operating profit, which cover more than Sikorsky, in the Lockheed Martin Form 10-K for fiscal year 2025.
Track mid-year segment margin adjustments and Sikorsky volume changes in the Lockheed Martin Form 10-Q for the quarter ended June 28, 2026.
Examine autonomous aircraft specifications on the Lockheed Martin Sikorsky vertical lift capabilities page and the Sikorsky Nomad drone profile.
Compare Lockheed Martin's defense exposure and segment weighting using its company profile and the LMT vs NOC comparison guide.

One failure mode is worth naming explicitly: a company announcement describing a "selection", "award", or "partnership" is not the same as obligated money, and the two are easy to conflate because they use the same vocabulary. Check the filing before treating either as revenue. Our full approach is documented on the methodology page.

Sikorsky FAQ

What does Sikorsky do?

Sikorsky builds military and commercial helicopters and uncrewed aircraft for government defense customers and civilian operators.

Is Sikorsky publicly traded?

Sikorsky is not publicly traded, so there is no ticker to buy. Any claim otherwise should be verified against SEC EDGAR before it is believed.

What should investors watch with Sikorsky?

Whether the United States Army awards additional multiyear procurement lots for the UH-60M Black Hawk following the cancellation of the Future Attack Reconnaissance Aircraft program.

Where can I research Sikorsky directly?

Go to the primary sources: Lockheed Martin: Sikorsky Vertical Lift Capabilities, Lockheed Martin: Acquisition Announcement (July 2015), Lockheed Martin: Acquisition Closing Announcement (November 2015), SEC EDGAR: Lockheed Martin Form 10-Q (September 2016), SEC EDGAR: Lockheed Martin Form 10-K (Fiscal Year 2025), SEC EDGAR: Lockheed Martin Form 10-Q (Quarter Ended June 28, 2026), Breaking Defense: GAO Denies Sikorsky FLRAA Protest, DefenseScoop: Army Plans to Cancel FARA Helicopter Program. Avoid aggregator summaries when the filing itself is available.

Is Sikorsky a public company?

No, Sikorsky is not a public company and does not have its own stock ticker. It is a wholly owned subsidiary of Lockheed Martin Corporation, which trades publicly on the New York Stock Exchange under the ticker LMT.

Who bought out Sikorsky?

Lockheed Martin bought Sikorsky from United Technologies Corporation on November 6, 2015. Lockheed Martin's September 2016 Form 10-Q puts the price at $9.0 billion net of cash acquired.

How much is Sikorsky worth?

Lockheed Martin does not publish a standalone valuation for Sikorsky. The closest published number is the $9.0 billion purchase price in Lockheed Martin's July 2015 acquisition announcement. Sikorsky's current results sit inside Lockheed Martin's Rotary and Mission Systems segment, which also covers non-Sikorsky programs. The fiscal 2025 Form 10-K reports segment sales of $17,312 million for 2025.

Is Sikorsky Russian or American?

Sikorsky is an American company headquartered in Stratford, Connecticut. Lockheed Martin says immigrant and aviation pioneer Igor Sikorsky founded Sikorsky Aero Engineering Company on Long Island, New York, in 1923. He moved it to Stratford, Connecticut, in 1929.

Does Sikorsky make drones?

Yes, Sikorsky develops uncrewed aircraft systems, including the Nomad family of runway-independent vertical takeoff drones and the U-Hawk, an uncrewed autonomous cargo conversion of the UH-60L Black Hawk.