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Presidential Helo Contenders To Pursue CSAR Contract

DDN

Friday, July 16th, 2010

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By Marina Malenic Lockheed Martin [LMT] and Sikorsky Aircraft, a division of United Technologies Corp. [UTX], have announced a teaming agreement for the competition to build a replacement Air Force combat, search and rescue (CSAR) helicopter fleet. Company representatives yesterday told reporters that they plan to offer a modified UH-60M Black Hawk helicopter they say will be a better fit for the new, leaner set of requirements announced by the Pentagon earlier this year. Under the arrangement, Sikorsky will be…

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