The Naval Air Systems Command (NAVAIR) awarded Lockheed Martin’s [LMT] Sikorsky unit a $736 million contract on June 25 to build nine CH-53K King Stallion helicopters for the Marine Corps along with an option for nine more aircraft. This is a Low-Rate Initial Production (LRIP) Fiscal Year 2021 Lot 5 contract with deliveries of the aircraft set for December 2024 as part of an overall 200 helicopter program of record for the Marine Corps. Award of the option is possible…
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