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Investing.com -- Lockheed Martin’s Sikorsky Aircraft Corp. has been awarded a $10.3 billion contract modification to produce 92 CH-53K helicopters for the U.S. Marine Corps.
The U.S. Department of War announced Friday that the fixed-price incentive and firm-fixed-price modification definitizes production Lots Nine and 10 and adds scope for Lots 11-13 of the full-rate production aircraft.
The contract also includes associated aircraft and programmatic support. The modification builds upon a previously awarded contract (N0001924C0009).
Work on the helicopters will be performed across multiple locations, with the largest portion (41.96%) taking place at Sikorsky’s facility in Stratford, Connecticut. Other significant work sites include Wichita, Kansas (11.18%) and Salt Lake City, Utah (6.97%).
The Department of War will obligate $1.7 billion in fiscal 2025 aircraft procurement funds at the time of award. None of these funds will expire at the end of the current fiscal year.
The Naval Air Systems Command in Patuxent River, Maryland, is overseeing the contract, which was not competed and is expected to be completed by February 2034.
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