Lockheed Martin Wins $58M Spare Parts Deal For CH-53K Copter

Lockheed Martin Corporation LMT recently secured a $58.4-million contract for the delivery of 866 interim spare parts. The spare parts will be used for the repair and maintenance of CH-53K aircraft's 2nd lot. The contract was awarded by the Naval Air Systems Command, Patuxent River, Maryland.

Work related to the deal will be carried out in Stratford, CT; Redmond, WA; Quebec, Canada; and various other locations within and outside the United States. The entire task is expected to be completed by January 2021. Lockheed Martin will utilize fiscal 2018 aircraft procurement (Navy) funds for completing the task.

Related Links:

Raytheon Clinches $36M Deal To Support APG-79 Radar System

Boeing Secures $40M Navy Deal To Aid F/A-18 And EA-18 Programs

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractscontributorcontributors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!