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

Lockheed Lands $558M Navy Contract for Lot 11 F-35 Sustainment Support

Lockheed Martin (NYSE: LMT) has received a potential $558.3 million contract from the U.S. Navy to provide …

Northrop Grumman Wins $434M State Dept. Consular Systems Modernization Contract

The State Department announced in a Federal Business Opportunities notice posted Tuesday that it will award …