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Search Results for: Sikorsky

Sikorsky to Begin Presidential Helicopter Production Under $542M Award

The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary a three-year, $542M contract modification to begin low-rate initial production of VH-92A presidential transport helicopters. Sikorsky will build six lot 1 LRIP units and provide interim support, spare parts, support equipment and replenishment services under the Presidential Helicopter Replacement Program, the Department of Defense said Monday.

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Sikorsky Awarded $1.13B to Produce Additional CH-53K Helicopters for US Marine Corps

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 …

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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, …

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Boeing-Sikorsky Team’s SB-1 Defiant Coaxial Helicopter Registered With FAA as S-100

TYSONS CORNER, VA, August 10, 2018 — Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has registered with the Federal Aviation Administration a proposed coaxial helicopter that it is developing with Boeing (NYSE: BA) for the U.S. Army, ExecutiveBiz reported Thursday. The proposed SB-1 Defiant has been registered as S-100 with FAA five …

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Sikorsky Awarded $126M for Lot 3 King Stallion Helicopter Long Lead Items

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a $126.5 million contract modification from the U.S. Navy to obtain long lead materials for the low-rate initial production of seven CH-53K King Stallion helicopters. Sikorsky will procure the items needed to manufacture the third batch of CH-53K aircraft through the modified contract, the Defense Department said …

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Report: Lockheed Asks DoD to Reimburse $212M in Restructuring Costs for Sikorsky Purchase

Lockheed Martin (NYSE: LMT) has asked the Defense Department to reimburse $212 million in restructuring costs associated with its $9 billion purchase of Sikorsky Aircraft in 2015 on the grounds that the Bethesda, Maryland-based defense contractor has been delivering $8 in savings for every dollar spent through the acquisition, Bloomberg …

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Sikorsky Awarded $194M Saudi Arabia UH-60M Helicopter FMS Contract

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a potential $193.8 million U.S. Army foreign military sales contract to supply modernized units of the Black Hawk medium-lift helicopter platform to Saudi Arabia. Sikorsky will manufacture eight UH-60Ms for the Saudi Arabian National Guard and another nine for the Royal Saudi Land Forces Airborne Special …

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