The U.S. Army has obligated $507M in fiscal 2021 aircraft procurement funds on a contract modification for the HH-60M and UH-60M variants of the Black Hawk helicopter being manufactured by Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary.

Paul Lemmo, vice president of integrated warfare systems and sensors at Lockheed Martin (NYSE: LMT), has been promoted to president of the aerospace and defense contractor’s Sikorsky subsidiary, Inside Defense reported Wednesday. Lemmo will succeed the retiring Dan Schultz, a 14-year Lockheed veteran, in January.

Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary has been awarded a $550.4M contract modification to produce Lot IV of CH-53K helicopters for the U.S. Navy's heavy-lift missions. Sikorsky will provide six low-rate initial production airlifters along with support services such as logistics, configuration audits and tooling, the Department of Defense said Monday.

Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary has been awarded a $125.4M contract to obtain long-lead materials needed to manufacture a fifth batch of CH-53K heavy-lift helicopters for the U.S. Navy.

The U.S. Army has selected Textron’s (NYSE: TXT) Bell subsidiary and Lockheed Martin’s (NYSE: LMT) Sikorsky business for the second phase of the Future Attack Reconnaissance Aircraft competition.

The U.S. Army has awarded contracts to Textron’s (NYSE: TXT) Bell subsidiary and a team of Boeing (NYSE: BA) and Lockheed Martin’s (NYSE: LMT) Sikorsky business to proceed with the competitive demonstration and risk reduction effort for the Future Long-Range Assault Aircraft program, Defense News reported Monday.

Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary has secured a $525.4M contract modification from the U.S. Army to build an additional 40 UH-60M helicopters. Sikorsky will provide 38 units of the multimission Black Hawk variant to the service branch and two aircraft to foreign military sales customers, the Department of Defense said Tuesday.

The U.S. Air Force has awarded Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary a potential $500M contract to continue low-rate initial production of new combat rescue helicopters.

The U.S. Navy has awarded Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary a two-year, $470.8M contract modification to build additional VH-92A transport aircraft as part of the Presidential Helicopter Replacement Program.

Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has introduced a coaxial helicopter concept for the Future Attack Reconnaissance Aircraft program, which is meant to address the U.S. Army's vertical lift requirements.