Sikorsky Gets $525M Army Contract Option for Additional UH-60M Helicopters

Sikorsky, a subsidiary of Lockheed Martin (NYSE: LMT), will manufacture and deliver additional UH-60M Black Hawk aircraft to the U.S. Army under a $164.3 million contract modification. The latest helicopter order was an exercised option under a previously awarded contract and production will take place at the builder’s facility in Stratford, Connecticut, the Department of

Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a $656.8 million modification under an U.S. Army contract for the production and delivery of UH-60M Black Hawk helicopters to Australia. The Australian government obligated the full amount of the award through the Department of Defense’s foreign military sales program, according to a DOD notice posted Thursday.

Australia expects to receive its first UH-60M Black Hawk aircraft made by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary within the year as part of an approximately $1.95 billion foreign military sale agreement with the U.S. The Australian defense ministry said Wednesday its army will be provided with 40 multimission military helicopters, which will be based