SOCOM Awards Boeing-Sikorsky JV Potential $1.1B Special Ops Helicopter Support IDIQ

A joint venture of Boeing (NYSE: BA) and Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has received a potential seven-year, $1.10B contract from the U.S. Special Operations Command to provide life cycle support for MH-6, MH-47 and MH-60 helicopters.

Boeing Sikorsky Aircraft Support will support program management, field service representatives, sustaining engineering, and spare and repair parts, the Department of Defense said Thursday.

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SOCOM is scheduled to award a $32.8M initial task order on Jan. 1 and will use fiscal 2019 operations and maintenance funds to cover the obligated amount.

Majority of work under the indefinite-delivery/indefinite-quantity contract will occur at Fort Campbell in Kentucky.

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