Tag Archives: Sikorsky

Report: Lockheed VP Paul Lemmo to Become Sikorsky President

Paul Lemmo Incoming President 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.

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Sikorsky Gets $550M Navy Contract Modification to Build Additional Heavy-Lift Helicopters

Sikorsky CH-53K King Stallion

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.

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Aerospace Defense Firms Launch Measures to Avoid COVID-19 Spread; Ellen Lord Quoted

aerospace-defense-firms-launch-measures-to-avoid-covid-19-spread-ellen-lord-quoted

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.

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Bell, Sikorsky-Boeing Team Awarded Army Future Assault Aircraft Demo, Risk Reduction Contracts

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.

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