Lockheed Martin is expected to receive more than $2 billion in federal funding as part of the 2019 fiscal year's Defense Appropriations bill for two helicopter programs.
The bill includes an approximate $1.1 billion for the CRH Combat Rescue helicopter program and about $894 million for the VH-92 Presidential Helicopter Replacement program, United States Senator Charles Schumer was quoted as saying by WBNG web portal Wednesday.
Both helicopters are constructed in Owego.
The CRH Combat Rescue helicopter is used to get troops out of dangerous situations and bring them to safety, while the VH-92 Presidential Helicopter transports the United States President.
The bill already passed in the Senate and is expected to pass the House in the coming weeks.
Lockheed Martin has introduced the Multi-Domain Synchronized Effects Tool (MDSET), which links traditionally stove-piped resources to create synergistic effects and shorten the “data to decision cycle”. “In planning missions, our troops need the agility to succeed amidst uncertainty,” said Dr
Lockheed Martin announced that it will launch the upgrade of 85 Greek F16 fighter jets to the Block 70/72 Viper configuration next Monday. While the value of the contract was not mentioned, an earlier US DoD announcement of a foreign military sale approval of F-16 upgrade to Greece had quoted a figure of US$ 2
The US Navy awarded Lockheed Martin a seven-year contract worth up to more than $500 million to build and deliver more than 200+ electronic Consolidated Automated Support Systems (eCASS) to maximize aircraft readiness. The previous Navy CASS contract awarded in 2000 to Lockheed Martin was worth $287 million
Lockheed Martin announced today an agreement to move global production of F-16 jet wings to India without any obligation on the part of New Delhi to purchase the F-16 aircraft. The manufacturing will be done at the Tata Advanced Systems Limiteds (TASL) facility in Hyderabad
Lockheed Martin has been awarded a $1.3 billion contract for GPS IIIF Space Vehicles 11 and 12
Lockheed Martin has won two delivery orders to supply Sniper Advanced Targeting Pod (ATP) for the F-16 Block 70 fighters of Bahrain and Taiwan. The Royal Bahraini Air Force continues to order Sniper ATPs with this most recent 19 pod delivery order for the F-16 Block 70 platform
The United States Navy has awarded modifications to previously awarded Littoral Combat Ship (LCS) contracts for one Fiscal Year (FY) 2018 LCS to Lockheed Martin and two FY 2018 LCSs to Austal USA, Sept. 18
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