Author: Matthew Nelson|| Date Published: May 20, 2019
Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will build and deliver a total of 12 CH-53K King Stallion helicopters to the U.S. Navy under a $1.13B contract modification.
This award is for low-rate initial production lots 2 and 3 including logistics support and aircraft system spares, the Department of Defense said Friday.
The Navy will obligate the full contract amount at the time of award.
In a separate announcement, Lockheed said the delivery of additional helicopters will commence in 2022. The modification is part of the Marine Corps’ 200 program of record aircraft.
“We have transformed our factory for the future and implemented a model for all future helicopter programs,” said Bill Falk, a program director at Sikorsky.
Falk added the aircraft manufacturer has implemented 3D laser inspection and simulator platforms as part of efforts to address production requirements of domestic and international customers.
CH-53K is a long-range, sea-based heavy-lift aircraft designed to support expeditionary transport of armored vehicle systems, personnel and equipment.
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