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Navy Seeks Authority For CH-53K Block Buy

Tuesday, April 16th, 2024

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Navy Seeks Authority For CH-53K Block Buy

A CH-53K flies an aerial refueling test in September, 2020 from Naval Air Station Patuxent River, MD (Department of the Navy Photo)

The Navy recently sent a request to Congress that it be granted the authority to enter into a block buy contract for 37 more Lockheed Martin [LMT] Sikorsky CH-53K King Stallion helicopters over the next two years. According to a legislative proposal the Defense Department submitted on April 12, the department said this block buy covering FY '25 and '26 would lead to cost savings of 3.75 percent compared to single year pricing. This equates to $135.1 million in then-year…

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