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Lockheed Martin Wins $2.3 Billion Contract To Refurbish MH-60 Parts

Lockheed Martin Wins $2.3 Billion Contract To Refurbish MH-60 Parts
An MH-60S Seahawk helicopter assigned to Helicopter Sea Combat Squadron (HSC) 14 prepares to land on the flight deck of the aircraft carrier USS John C. Stennis (CVN 74) in the Arabian Sea, March 20, 2019. (Photo: U.S. Navy)

The Navy awarded Lockheed Martin [LMT] a contract worth up to $2.338 billion on Jan. 31 to repair, upgrade or replace weapon replaceable and shop replaceable assemblies  for the service’s MH-60R and MH-60S helicopters. This award is a performance-based logistics requirement that covers required availability, configuration management and inventory management for about 1,049 of the replaceable assemblies. Work will be spaced out in various U.S. locations (48 percent) with one percent of supplier work performed by five organic depots via…

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