Aerospace Group:

Navy/USMC

Navy And Lockheed Martin Sign $10.9 Billion Contract For 99 CH-53K Helicopters

Friday, September 26th, 2025

SHARE:

Navy And Lockheed Martin Sign $10.9 Billion Contract For 99 CH-53K Helicopters

CH-53K heavy lift helicopter (Lockheed Martin Photo)

The Navy and Lockheed Martin’s [LMT] Sikorsky unit on Friday signed a new five-year multi-year procurement contract worth up to a maximum $10.9 billion and a maximum of 99 CH-53K helicopters for the Marine Corps. The DoD contract announcement describes it as a fixed-price incentive (successful-target) and firm-fixed-price modification that definitizes Lots 9 and 10 while adding scope for Lots 11 through 13 helicopters. Sikorsky noted this means it combines Lots 9 to 13 into one single five-year multi-year procurement.…

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]