Author: Nichols Martin|| Date Published: February 14, 2018
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 Departmentsaid Tuesday.
The Navy will obligate the full entire modification amount from the service branch’s fiscal 2018 aircraft procurement funds.
Work will take place in Stratford, Connecticut, through January 2019.
Sikorsky designed its CH-53K heavy-lift helicopters to help U.S. and international military customers move equipment and personnel from ship to shore or high-altitude terrain.
Radiance Technologies has elevated Darien Hammett to chief operating officer, placing him in charge of daily operations and execution across the company.…
latter’sRocket Lab announced Tuesday it has completed the acquisition of Mynaric, a laser-optical communications terminal provider, in a $155.3 million…
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
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.
