Lockheed Subsidiary Awarded $120M Navy Contract Modification for Lot 9 CH-53K Long-Lead Items

Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a potential $120.2 million contract modification from the U.S. Navy to provide additional long-lead time materials needed to produce Lot 9 CH-53K King Stallion heavy-lift helicopters. The Department of Defense said Monday the additional materials will support the production of 21 CH-53K aircraft. Naval Air Systems Command

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