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Tag Archives: 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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Army Names Five Awardees for Future Attack Reconnaissance Aircraft Design Phase

The U.S. Army has awarded other transaction agreements to five contractors to provide initial designs of the service’s Future Attack Reconnaissance Aircraft platform, Breaking Defense reported Tuesday. Boeing (NYSE: BA), Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary, AVX Aircraft, Textron’s (NYSE: TXT) Bell Helicopter subsidiary and Karem Aircraft were selected out …

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McAleese and Associates: CFO Kenneth Possenriede on Lockheed’s 2019 Priorities

McAleese and Associates has released a report on Lockheed Martin’s (NYSE: LMT) 2019 priorities as discussed by Chief Financial Officer Kenneth Possenriede at a JP Morgan conference on Thursday. Some of the priorities mentioned include the F-35 fighter aircraft program; missiles and fire control sector; hypersonics; and the restart of …

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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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Lockheed Secures $92M Contract to Update H-60 Helicopters for Navy, Int’l Clients

Lockheed Martin (NYSE: LMT) has secured a potential $92.5M contract to provide support services for H-60 multirole helicopters of the U.S. Navy as well as Australia, Denmark and Saudi Arabia under the foreign military sales program. The company will update, implement and maintain H-60 software and systems configurations under the cost-plus-fixed-fee contract, the …

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