Lockheed Martin Corporation (NYSE:LMT) To Split IT Unit In A $1.8 Billion Deal

Driven by the desire to concentrate on its core business of aerospace and defense solutions, Lockheed Martin Corporation (NYSE:LMT) is dropping a unit. Towards that end, Lockheed will drop down its IT services business to Leidos Holdings Inc (NYSE:SAI). The deal would see Lockheed receive $1.8 billion in upfront payment […]