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AEROSPACE NEWS

Lockheed Martin Secures $54.1M Navy Order

Key Takeaways
  • Lockheed Martin received a $54.1 million US Navy order.
  • The contract is for non-recurring engineering support for the MH-60 product line.
  • BAE Systems delivered components for the US Space Force's Next Generation Overhead Persistent Infrared Polar system.
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Strategic Implications

This contract award may indicate the US Navy's ongoing commitment to the MH-60 helicopter program. The involvement of Lockheed Martin and BAE Systems suggests a continued reliance on established defense contractors for critical military systems, which could impact the competitive landscape of the defense industry.

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What Happened

US Navy Awards Contract For MH-60 Helicopter Support

Lockheed Martin has been awarded a $54.1 million contract by the US Navy for non-recurring engineering support for the MH-60 product line. This development follows the delivery of sensor components by BAE Systems for the US Space Force’s Next Generation Overhead Persistent Infrared Polar system. The contract award was reported by Aviation Week, highlighting the ongoing investments in military aviation and space technologies.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Lockheed Martin Secures $54.1M Navy Order

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Lockheed Martin received a $54.1 million US Navy order.
  • The contract is for non-recurring engineering support for the MH-60 product line.
  • BAE Systems delivered components for the US Space Force's Next Generation Overhead Persistent Infrared Polar system.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This contract award may indicate the US Navy's ongoing commitment to the MH-60 helicopter program. The involvement of Lockheed Martin and BAE Systems suggests a continued reliance on established defense contractors for critical military systems, which could impact the competitive landscape of the defense industry.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

US Navy Awards Contract For MH-60 Helicopter Support

Lockheed Martin has been awarded a $54.1 million contract by the US Navy for non-recurring engineering support for the MH-60 product line. This development follows the delivery of sensor components by BAE Systems for the US Space Force’s Next Generation Overhead Persistent Infrared Polar system. The contract award was reported by Aviation Week, highlighting the ongoing investments in military aviation and space technologies.

Source

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