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Lockheed, Textron 'final suitors for Sikorsky Aircraft'

Lockheed Martin Corp and Textron Inc have emerged as final contenders to buy United Technologies Corp?s Sikorsky Aircraft business, which could be valued at around $8 billion, according to people familiar with the matter.

UTC is weighing offers from the two companies and may come to a decision by the end of the month, one of the people said.

Saab, Brazil Seal USD 5.4 B Deal for 36 Gripen Jets

Swedish defense group Saab AB has signed a deal with Brazil for development and production of thirty-six Gripen NG fighters, the manufacturer itself said in a statement.

An Industrial Cooperation Contract to deliver "substantial technology transfer" from Saab to the Brazilian industry was has also been signed between the two parties.

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