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Lockheed Martin Nabs $447 Million Order Of 12 MH-60R Seahawks For South Korea

Lockheed Martin Nabs $447 Million Order Of 12 MH-60R Seahawks For South Korea
An MH-60R Sea Hawk helicopter launches from the flight deck of the aircraft carrier USS George H.W. Bush (Photo: U.S. Navy)

Naval Air Systems Command awarded Lockheed Martin [LMT] a $447 million order on Monday to produce and deliver 12 MH-60R Seahawk helicopters for South Korea. This contract, under a previously issued basic ordering agreement, will have work split between facilities in Oswego, N.Y. (52 percent); Stratford, Conn. (40 percent); and Troy, Ala. (8 percent) and is expected to be finished by December 2024. The first aircraft is scheduled to be delivered in early 2024, with the final delivery set for…

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