Home / Contract Awards / Sikorsky Gets $304M Contract Funds to Produce Initial Navy CH-53K Helicopters

Sikorsky Gets $304M Contract Funds to Produce Initial Navy CH-53K Helicopters

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a potential $304 million contract modification from the U.S. Navy for the low-rate initial production of lot 1 CH-53K heavy-lift helicopters.

The Defense Department said Thursday that Sikorsky will build two CH-53K units as well as provide aircraft, programmatic and logistics support, peculiar support equipment and spare parts.

Production will occur at Sikorsky’s facility in Stratford, Connecticut, through December 2021.

DoD granted Lockheed a Milestone C approval for the CH-53K program in April.

The Naval Air Systems Command obligated the full modification amount from the service branch’s fiscal 2017 aircraft procurement funds at the time of award.

Check Also

Northrop Announces New Operating Structure; Kathy Warden Quoted

Northrop Grumman (NYSE: NOC) will operate with four operating sectors starting January 2020 as part of efforts to better align its portfolio to meet clients' needs.

Eight Firms Win Spots on $950M IDIQ for Air Force Office Analytical, Technical Services

The U.S. Air Force has awarded eight positions on a potential 10-year, $950M contract to provide technical and analytical support to the Secretary of the Air Force's Concepts, Development and Management Office. USAF received 10 offers for the multiple-award, indefinite-delivery/indefinite-quantity contract, the Department of Defense said Wednesday.