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Lockheed Martin Owego wins nearly $504 million Navy order for helicopters for Australia

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. […]

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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.

Jornal Staff