Author: Matthew Nelson|| Date Published: October 27, 2020
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a potential $194M contract modification to build four MH-60R Seahawk maritime helicopters for Greece under a foreign military sales agreement.
The award includes a $14M exercised option for the provision of three airborne low-frequency sonars to the Greek government and initial obligated funds amounting to $44M, the Department of Defense said Monday.
DoD expects the company to finish contract work by February 2025.
Greece requested to procure up to seven MH-60Rs along with support equipment and services from the U.S. government through a $600M FMS transaction the State Department cleared in July 2019.
Seahawk helicopters are built to deploy from frigates, destroyers, cruisers and aircraft carriers to perform anti-submarine and anti-surface warfare missions.
The Defense Health Agency awarded a combined $8.07 billion in contracts to Humana Government Business, Evernorth Federal Services and Ipsos Public Affairs…
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
