OWEGO, N.Y. — Lockheed Martin Corp.’s Owego plant has been awarded a $503.7 million U.S. Navy firm-fixed-price order against a previously issued basic ordering agreement. This order provides for the production and delivery of 12 MH-60R helicopters for the Commonwealth of Australia, according to an Aug. 29 contract announcement from the U.S. Department of Defense. […]
OWEGO, N.Y. — Lockheed Martin Corp.’s Owego plant has been awarded a $503.7 million U.S. Navy firm-fixed-price order against a previously issued basic ordering agreement.
This order provides for the production and delivery of 12 MH-60R helicopters for the Commonwealth of Australia, according to an Aug. 29 contract announcement from the U.S. Department of Defense. The MH-60R is an anti-submarine, anti-surface, search-and-rescue helicopter.
A little over half (52 percent) of the contract work will be performed in Owego, while 40 percent is completed in Stratford, Connecticut, and 8 percent in Troy, Alabama. It’s expected to be completed in October 2026.
Foreign military sales customer funds totaling $503,718,672 will be obligated at the time of award — none of which will expire at the end of the current fiscal year, per the contract announcement. The Naval Air Systems Command in Patuxent River, Maryland, is the contracting authority.
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