Black Hawk

Sikorsky Gets $507M in Army Black Hawk Helicopter Procurement Funds

The U.S. Army has obligated $507M in fiscal 2021 aircraft procurement funds on a contract modification for Black Hawk medium-lift helicopters being manufactured by Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary.

Sikorsky will continue to produce multimission HH-60M rotorcraft and the UH-60M medical evacuation variant for the service branch under the modification award, the Department of Defense said Wednesday.

DoD expects work to conclude by June 30, 2022.

Sikorsky initially received a potential $5.2B contract in mid-2017 to manufacture 257 Black Hawk helicopters.

The UH-60M is designed with digital avionics and autopilot systems, while the HH-60M is equipped with litters and stretchers to ferry wounded warfighters.

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