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Navy Taps Lockheed Subsidiary for Helicopter Logistics, Repair Under $717M Contract

Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary has received a $717.4M sole-source contract to perform logistics and repair services for 98 components of the U.S. Navy‘s CH-53 and MH-53 helicopters. The service branch will allot $142.7M to finance the firm-fixed-priced, performance-based logistics contract’s delivery order, the Defense Department said Wednesday. …

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Boeing to Replace Huey Helicopters Under $2.4B USAF Contract; Ed Dolanski Quoted

Boeing (NYSE: BA) has won a potential 13-year, $2.38B contract to replace the U.S. Air Force’s fleet of UH-1N Huey helicopters. The company said Monday it will deliver and maintain up to 84 MH-139 helicopters and provide training devices and related support equipment for the aircraft. MH-139 is based on the Leonardo-built AW139 helicopter that …

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Boeing, Army Move Chinook Block II Program to Final Assembly Phase

TYSONS CORNER, VA, June 29, 2018 — Boeing (NYSE: BA) and the U.S. Army will move forward to the the final assembly phase for the first Block II CH-47F Chinook helicopter the company developed under an engineering and manufacturing development contract, ExecutiveBiz reported Thursday. The company said Wednesday the first Block II-configured …

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Boeing Drafts 10 Local Firms for Bid on Germany’s Heavy-Lift Helicopter Program

TYSONS CORNER, VA, April 27, 2018 — Boeing (NYSE: BA) has gathered 10 local companies in Germany to be part of an industry team that would bid on a potential $5 billion contract for the German military’s procurement of heavy-lift helicopters, ExecutiveBiz reported Thursday. Reuters reported Wednesday that the group includes the …

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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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State Dept OKs Australia’s Request for $360M in MH-60R Helicopter Upgrade Services

The State Department has approved Australia’s request to purchase follow-on technical services and related equipment to support updates to 24 MH-60R helicopters under a potential $360 million foreign military sales agreement. Lockheed Martin’s (NYSE: LMT) Sikorsky business will serve as the principal contractor in the proposed FMS transaction that also …

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Report: India Issues RFI for $10B Naval Helicopter Procurement Program

India has released a request for information for a potential $10 billion program to buy multirole and multi-utility helicopters designed to help naval forces perform submarine warfare and search-and-rescue missions, Defense News reported Wednesday. The country’s defense ministry issued the RFI to Airbus, Bell Helicopter, Lockheed Martin (NYSE: LMT) and …

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Report: India OKs $655M Boeing Apache Helicopter Buy

India has approved a deal to buy six additional Boeing-built (NYSE: BA) Apache helicopters for approximately $654.6 million, Reuters reported Thursday. India’s defense acquisition council on Thursday cleared the deal that also covers related equipment, spares, weapons, ammunition and training support. The decision came nearly two years after the country’s cabinet gave …

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CGI Lands $92M in Army Contracts for Aviation & Missile Command Support Services

CGI (NYSE: GIB) has received multiple contracts worth $92.5 million combined to provide support services for four initiatives of the U.S. Army Aviation and Missile Command. The company said Wednesday it will provide software development and acquisition process services for the Multiple Launch Rocket System Precision Guided Munitions program in …

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State Dept OKs $8.6B in Helicopter, Missile, Logistics Support Requests from 4 US Allies

The State Department has approved foreign military sales agreements worth approximately $8.6 billion combined with Saudi Arabia, United Arab Emirates, Qatar and Morocco. Saudi Arabia requested to buy 48 Boeing-built (NYSE: BA) CH-47F Chinook helicopters, aircraft engines, GPS inertial navigation platforms, machine guns and common missile warning systems from the U.S. government …

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