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U.S. Navy · United StatesLockheed Martin subsidiary Sikorsky has received a five-year multiyear procurement contract worth as much as $10.9 billion for up to 99 CH-53K King Stallion helicopters for the Marine Corps. Awarded on Friday, the contract is expected to yield $1.5 billion in cost savings from 2025 to 2029 and marks the first use of multiyear procurement for the CH-53K -- a critical Marine Corps platform replacing the legacy CH-53E Super Stallion as the Pentagon…See the Story
Sikorsky secures $10.9B multiyear deal for CH-53K production
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