Sikorsky Receives $354M Modification to MH-60R Procurement Contract


MH-60RLockheed Martin (NYSE: LMT) subsidiary Sikorsky has received a $354.2 million contract modification from the U.S. Army to fund the procurement of 29 MH-60R Seahawk helicopters.

The Defense Department said Monday the modification also covers program and logistics support through the end of December 2017.

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Sikorsky will perform contract work at its facility in Stratford, Connecticut.

The U.S. Navy uses MH-60R helicopters for combat search-and-rescue, anti-submarine and anti-surface warfare, surveillance and gunfire support operations, among others.

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