
Lockheed Martin [LMT] yesterday said it prevailed over incumbents L-3 [LLL] and Dyncorp International as it received an aircraft maintenance and logistics contract with an initial funding value of $5 million to provide field and sustainment-level maintenance for U.S. Army helicopters from the Army Contracting Command, Redstone Arsenal, Ala. The initial contract funding provides for transition from the incumbents and program management. The transition began April 19 and the contract itself begins July 29, the company told Defense Daily. Under the…