Tag Archives: Sikorsky

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 …

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, …

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 …

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. …

Robert Mullins, a 20-year aerospace and defense industry veteran, has been named senior vice president for corporate strategy and business development at Lockheed Martin (NYSE: LMT) in a move that takes effect Oct. 8. He will serve as a corporate officer and succeed Stephanie Hill, who will transition to the …

TYSONS CORNER, VA, August 10, 2018 — Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has registered with the Federal Aviation Administration a proposed coaxial helicopter that it is developing with Boeing (NYSE: BA) for the U.S. Army, ExecutiveBiz reported Thursday. The proposed SB-1 Defiant has been registered as S-100 with FAA five …

Mark Brown, a 31-year military research veteran, has joined Belcan as chief technology officer of advanced engineering at the company’s government services segment. Belcan said Monday Brown most recently served as vice president of Scientific Research Corp.‘s advanced technology solutions division that offers research, engineering, test and evaluation services to the …

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 …

TYSONS CORNER, VA, Feb. 7, 2018 — Lockheed Martin (NYSE: LMT) has entered into a partnership with Germany’s Rheinmetall to offer the Sikorsky-built CH-53K King Stallion helicopter in the team’s bid for a potential $4.9 billion helicopter procurement contract with the German military, ExecutiveBiz reported Tuesday. Reuters reported Tuesday a request for information is …

Lockheed Martin (NYSE: LMT) has asked the Defense Department to reimburse $212 million in restructuring costs associated with its $9 billion purchase of Sikorsky Aircraft in 2015 on the grounds that the Bethesda, Maryland-based defense contractor has been delivering $8 in savings for every dollar spent through the acquisition, Bloomberg …