
It appears only one company will submit a proposal for the Navy’s presidential helicopter program as two other firms confirmed they do not intend to bid, saying their offerings are at a disadvantage under the currently defined requirements. The deadline for submitting proposals arrives Thursday. Sikorsky, a division of United Technologies [UTX], is the only company now expected to bid on the VXX program with its VH-92 airframe along with systems integrator Lockheed Martin [LMT]. President Obama exiting Marine One.…