Lockheed's Sikorsky wins $2.7 billion U.S. Navy contract
A Sikorsky CH-53K King Stallion helicopter is seen in Berlin, Germany, April 26, 2018. REUTERS/Axel Schmidt/file photo Purchase Licensing Rights
Aug 24 (Reuters) - Sikorsky, a unit of Lockheed Martin (LMT.N), said on Thursday it was awarded a $2.7 billion contract by the U.S. Navy to build 35 additional CH-53K helicopters.
The CH-53K has three times the carrying power of its predecessor and made its international debut at the Berlin Air Show in 2018.
The agreement includes 12 U.S. Marine Corps Lot 7 aircraft, 15 U.S. Marine Corps Lot 8 aircraft, and eight aircraft for Israel.
"This contract award for 35 CH-53K helicopters stabilizes Sikorsky's nationwide supply base, creates additional production efficiencies," said Sikorsky's president Paul Lemmo.
Sikorsky said it will begin delivery of these aircraft in 2026.
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Reporting by Pratyush Thakur in Bengaluru; Editing by Shailesh Kuber
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