Lockheed Martin’s Owego plant wins nearly $38 million order from U.S. Navy

OWEGO — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a more than $37.8 million delivery order from the U.S. Navy for computer retrofits to Seahawk helicopter systems.

The order provides for retrofits from the Generation III, V, and VI Mission Computer (or MC) configuration to the Generation 3i and 5i MC configuration on the MH-60R/S Seahawk helicopter. It will be used for 186 helicopters for the Navy, seven for the government of Australia, five for the government of Denmark, and two for the government of Saudi Arabia, the U.S. Defense Department said in a June 1 contract announcement.

Work will be performed at Lockheed’s Owego plant (97 percent) and Clearwater, Florida facility (3 percent). This order also provides for retrofits from the Generation III and V Flight Management Computer (FMC) configuration to the Generation 3i and 5i FMC configuration on the MH-60R/S aircraft (186 for the Navy, seven for Australia, five for Denmark, and two for Saudi Arabia). Additionally, this order provides for the procurement of 162 wiring kits for the Navy, nine for Australia, three for Denmark, and three for Saudi Arabia. 

Work is expected to be complete by May 2023. Fiscal-year 2019 aircraft procurement (Navy) funds in the amount of $7.8 million; fiscal 2020 aircraft procurement (Navy) funds of nearly $27.1 million; and Foreign Military Sales funds totaling over $2.9 million will be obligated at time of award. None of the funding will expire at the end of the current fiscal year, the announcement said.

The Naval Air Systems Command in Patuxent River, Maryland is the contracting authority.