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Tag Archives: helicopters

Lockheed Adopts New Name for Former Mission Systems & Training Unit

lockheed martin

TYSONS CORNER, VA, Aug. 8, 2016 — Lockheed Martin‘s (NYSE: LMT) mission systems and training business will operate under the rotary and mission systems brand beginning Sept. 5 in a change that seeks to reflect the company’s expanded portfolio following the acquisition of Sikorsky Aircraft, ExecutiveBiz reported Friday. The rebranded rotary and mission …

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Army Picks Boeing for $185M Contract for Apache Lot 7 Full-Rate Production

Apache

Boeing (NYSE:BA) has landed a $184.9 million contract from the U.S. Army for the full-rate production of Lot 7 AH-64 Apache helicopters. The Army Contracting Command awarded the contract through a solicitation with one bid received, the Defense Department said Monday. The full obligated amount is from fiscal 2016 “other procurement” funds, DoD added. Boeing …

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Navy Awards Textron Subsidiary $581M Contract Modification for Helicopter, Fuel Kit Production

Logistics

Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has been awarded a three-year, $581.1 million contract modification to build UH-1Y Venom and AH-1Z Viper helicopters for the U.S. Marine Corps and Pakistani military. Bell Helicopter will produce and deliver a total of 35 utility and attack helicopter units along with 21 auxiliary …

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Lockheed to Explore IT Business Separation, Inks $9B Deal for Helicopter Maker Sikorsky

acquisition

Lockheed Martin (NYSE: LMT) will examine a potential separation of its government information technology and technical services business components and has agreed to purchase helicopter manufacturing business Sikorsky Aircraft from United Technologies Corp. for approximately $9 billion. Lockheed announced both moves Monday and said its IT business segment review will look at whether to spin off or …

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Army Orders $495M in Rockwell Collins Helicopter Software, System Services

Chinook

The U.S. Army has awarded a five-year, $494,999,925 order dependent contract to Rockwell Collins (NYSE: COL) for software and system development services on helicopters. Work under the contract could also cover foreign military sales requirements, the Defense Department said Tuesday. Helicopters covered under the contract include: CH-47 Chinook MH-47 Chinook MH-6 Little Bird MH-60 Jayhawk …

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Navy Orders Northrop Mission Computers for Marine Corps’ Viper, Venom Choppers

FlightPro(TM) Gen III

Northrop Grumman (NYSE: NOC) will provide mission computers to the U.S. Marine Corps for two types of attack helicopters under a $10.6 million low-rate initial production contract. The Marines use the company’s second-generation Flight Pro computers on the UH‑1Y Venom and AH‑1Zk Viper helicopters and plans to install the third-generation computer …

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Boeing to Produce 82 Army Apaches for $1.1B

Boeing (NYSE: BA) has been awarded a $1,156,446,681 modification to perform full-rate production work on 72 remanufactured and 10 new AH-64E Apache helicopters for the U.S. Army. The Army has obligated $380,043,678 in fiscal year 2013 procurement funds and $494,322,830 in fiscal 2014 other procurement funds at the time of award, the Defense …

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Lockheed to Continue Marine Corps Fire Control Tech Production; Brad Partain Comments

lockheed martin

Lockheed Martin (NYSE: LMT) will continue to produce fire control technology for U.S. Marine Corps attack helicopters under a $33.9 million contract awarded by the Naval Surface Warfare Center’s Crane Division. This contract covers production lot 10 of the Target Sight System for the Marine Corps’ AH-1Z Cobra helicopters, Lockheed …

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Boeing, Army Sign $4B Chinook Helicopter Contract; Chuck Dabundo Comments

Chinook

Boeing (NYSE: BA) and the U.S. Army have signed a multi-year contract potentially worth $4 billion for up to 215 helicopters intended for combat, logistics and humanitarian operations. The Army currently has 241 CH-47F Chinooks in its fleet and this order intends to bring the branch’s total procurement close to …

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Sikorsky Wins $435M for Marine Corps Heavy Lift Helicopters; Michael Torok Comments

CH53KChopper

Sikorsky Aircraft Corp. has won a $435 million contract to build four heavy lift helicopters for the U.S. Marine Corps to fly during operational evaluation missions. This award falls under the potential $3.5 billion system development and demonstration contract Sikorsky won in April 2006, Sikorsky said Thursday. To date, Sikorsky …

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