Sikorsky Awarded $940M Army Contract Modifications for Logistics, H-60 Technical Support

Black HawkThe U.S. Army has awarded Lockheed Martin (NYSE: LMT) unit Sikorsky two contract modifications worth almost $940 million combined to provide support services and technical support for H-60 military helicopters and associated weapon systems.

One potential $833 million contract covers sustainment, engineering, provisioning, manpower and packaging, handling, storage and transportation services, the Defense Department said Monday.

DoD added the company will also provide H-60 weapon engineering, logistics and parts support under a separate contract with an estimated $106.5 million ceiling value.

Work will take place at Sikorsky’s facilities in Stratford, Connecticut and Corpus Christi, Texas.

The Army Contracting Command manages both contracts and will use the military branch’s fiscal 2015 other procurement funds to cover the full obligated amounts.

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