Sikorsky Books $155M Navy Contract Modification for Lot 6 CH-53K Long-Lead Items

Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a potential $2.7 billion contract from the U.S. Navy to develop and deliver 35 more CH-53K King Stallion heavy-lift helicopters. The contract includes the development of 12 units of Lot 7 CH-53Ks and 15 Lot 8 aircraft for the U.S. Marine Corps and eight helicopters for Israel’s

GE Aerospace will build T408-GE-400 turboshaft engines to power CH-53K production helicopters for the U.S. Navy and the Israeli government under a $683.7 million contract. The Navy ordered 129 engines under full-rate production lots six to eight, while Israel procured 40 units through a foreign military sales transaction, the Department of Defense said Wednesday. Contract work

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will engineer H-53 heavy-lift transport helicopters for the U.S. Navy, Marine Corps and foreign military sales customers as part of a five-year, $120 million contract. The indefinite-delivery/indefinite-quantity award includes logistics and modification installation support for the H-53 platform, the Department of Defense said Tuesday. Contract work will primarily occur