Lockheed Wins $61M to Update Navy Helicopter Weapons, Electronics

DoD Image Lockheed Martin Corp. (NYSE: LMT) has received a $61,425,658 basic ordering agreement from the U.S. Navy to update assemblies for the branch’s MH-60 helicopter fleet. The Defense Department said the company will update weapons and replacement assemblies used in the helicopter’s cockpit. The Bethesda, Md.-based contractor will also upgrade the electronic support measurement receiver...