Lockheed Martin Owego wins more than $364M Navy order for helicopters for Norway

OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) in Owego was recently awarded a $364.3 million firm-fixed-price order from the U.S. Navy against a previously issued basic ordering agreement.  This order provides for the production and delivery of six multi-mission MH-60R Seahawk helicopters for the government of Norway, according to an Oct. 26 contract announcement […]

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OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) in Owego was recently awarded a $364.3 million firm-fixed-price order from the U.S. Navy against a previously issued basic ordering agreement. 

This order provides for the production and delivery of six multi-mission MH-60R Seahawk helicopters for the government of Norway, according to an Oct. 26 contract announcement from the U.S. Department of Defense.

Designed and built by Sikorsky, a Lockheed Martin company, MH-60R helicopters will allow Norway to perform multiple maritime missions, including search and rescue and coastal and offshore patrol, according to a separate Oct. 26 news release from Lockheed Martin.

“Sikorsky and the U.S. Navy have 40 years of experience designing, building and improving Seahawk helicopters for operations in extreme maritime environments, and preparing militaries worldwide for ever-evolving threats,” Hamid Salim, VP at Sikorsky Maritime Systems, said in the release.

Work will be performed in Owego (52 percent); Stratford, Connecticut (40 percent); and Troy, Alabama (8 percent), and is expected to be completed in July 2027, the Department of Defense contract announcement stated.

Foreign-military sales customer funds totaling $364,312,098 will be obligated at the time of award — none of which will expire at the end of the current fiscal year. The Naval Air Systems Command at Patuxent River, Maryland is the contracting authority.

Norway’s order marked the second MH-60R contract award in less than a month, Lockheed Martin said. On Oct. 12, the U.S. Navy awarded the defense contractor a pact for eight Navy MH-60R helicopters for Spain.

Sikorsky has delivered 330 MH-60R helicopters to five countries. Sixty-four more are on order or in production for India, Greece, South Korea, Australia, Spain, and Norway, Lockheed Martin said.

Jornal Staff

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