Home / Contract Awards / Navy Taps Lockheed Subsidiary for Helicopter Logistics, Repair Under $717M Contract

Navy Taps Lockheed Subsidiary for Helicopter Logistics, Repair Under $717M Contract

Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary has received a $717.4M sole-source contract to perform logistics and repair services for 98 components of the U.S. Navy‘s CH-53 and MH-53 helicopters.

The service branch will allot $142.7M to finance the firm-fixed-priced, performance-based logistics contract’s delivery order, the Defense Department said Wednesday.

The company will work to manage and maintain the helicopters’ weapon and related shop replaceable assembly components.

Work will take place in Stratford, Conn. and Cherry Point, N.C. over a 50-month period ending December 2022.

Check Also

Akima to Help Secure Air Force Engineering Dev’t Complex Under Potential $153M Contract

An Akima subsidiary has won a potential $152.9M to help the U.S. Air Force manage and secure operations at the Arnold Engineering Development Complex in Tennessee. Akima Intra-Data will provide test and industrial security services and support command, control, and communication functions in the facility located at Arnold AF Base, the Department of Defense said Tuesday.

Applied Research Associates Wins $240M Contract to Support DTRA’s Counter-WMD Operations

Applied Research Associates has won a potential 10-year, $240M contract to provide operational support tools to aid the Defense Threat Reduction Agency in countering risks from weapons of mass destruction.