Tag Archives: Sikorsky

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.

Raytheon Technologies' (NYSE: RTX) Collins Aerospace business has been awarded a five-year, $103.6M contract to provide incidental materials and support services for the avionics suite of the U.S. Army's UH-60M Black Hawk helicopter fleet.

The State Department has approved approximately $4.5B in foreign military sales agreements with France, Lithuania, Argentina and Indonesia.

Lockheed Martin (NYSE: LMT) has secured a $904.8M contract modification to provide MH-60R Seahawk maritime helicopters to the U.S. Navy and its Indian counterpart.

VT Group has received a potential five-year, $105M contract from the U.S. Navy to provide research, development, test and evaluation support for the presidential helicopter fleet.

Boeing (NYSE: BA), Textron’s (NYSE: TXT) Bell subsidiary and other aerospace defense manufacturers have increased cleaning efforts and implemented telework capabilities, social distancing and other measures to prevent the spread of the coronavirus and maintain operations, FlightGlobal reported Friday. Other companies that have initiated similar efforts are Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Sikorsky and AeroVironment.

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.