Lockheed Martin's Sikorsky Hits Jackpot With $2.7B US Navy Deal: Largest Order Ever For CH-53K Helicopters

The U.S.Navy awarded Sikorsky, a Lockheed Martin Corp LMT company, a $2.7 billion contract to build and deliver 35 additional CH-53K helicopters.

The order is the largest procurement to date for this multi-mission aircraft.

The contract is expected to advance Sikorsky and the U.S. Navy on the path toward a multi-year agreement and the 200 aircraft Marine Corps Program of Record.

The agreement includes 12 U.S. Marine Corps Lot 7 aircraft, 15 U.S. Marine Corps Lot 8 aircraft, and eight aircraft for Israel.

Also Read: Lockheed Martin Bags $816M Contract From The Space Development Agency To Deliver 36 Small Satellites

The award includes eight additional CH-53K helicopters for the Israeli Air Force and follows the initial production announcement in 2022 for the first four aircraft under a U.S. Navy Foreign Military Sales (FMS) agreement.

Sikorsky will begin delivering these aircraft in 2026.

The CH‑53K is a multi-mission helicopter with heavy-lift capabilities and is the only heavy-lift helicopter that will remain in production through 2032 and beyond. It can carry a 27,000-pound external load over 110 nautical miles in high and hot conditions.

Price Action: LMT shares are trading higher by 0.20% at $453.44 in premarket Friday.

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