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LMT Lockheed Martin Corp

462.00
0.27 (0.06%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lockheed Martin Corp NYSE:LMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.27 0.06% 462.00 463.60 459.00 461.10 1,011,396 01:00:00

Sikorsky Signs Contract with Chilean Air Force for Six S-70i™ Black Hawk Helicopters

07/12/2016 2:01pm

PR Newswire (US)


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STRATFORD, Conn., Dec. 7, 2016 /PRNewswire/ -- Sikorsky, a Lockheed Martin company (NYSE:LMT) has successfully concluded contract negotiations with the Chilean Air Force (Fuerza Aérea de Chile) for six S-70i™ Black Hawk helicopters for the service's medium-lift helicopter recapitalization program.

Sikorsky, a Lockheed Martin company, has successfully concluded contract negotiations with the Chilean Air Force (Fuerza Aerea de Chile) for six S-70i(TM) Black Hawk helicopters for the service's medium-lift helicopter recapitalization program.

When delivered in 2018, the new helicopters will fulfill Chile's requirement to perform both military and humanitarian missions, such as troop transport, search and rescue, and disaster relief.

"We are very pleased that the Fuerza Aérea de Chile has chosen the multirole Black Hawk helicopter following an intensive review of competing platforms," said Adam Schierholz, Sikorsky regional executive for Latin America. "The Black Hawk platform will perform for Chile as a highly reliable and safe utility helicopter that can be quickly configured for a range of missions."

The program includes the acquisition of a logistical support package that will cover spare parts, pilots and maintenance specialists training, on-site technical assistance and ground support equipment.

Built to a robust military design, the Black Hawk family of helicopters is renowned for its reliability in harsh weather and under tough operational conditions, including at high altitudes and in hot temperatures. For rapid and distant deployment, Black Hawk helicopters can be transported in the C-130 Hercules aircraft that are also operated by the Fuerza Aérea de Chile.

The Fuerza Aérea de Chile announced its decision in August to procure the six S-70i helicopters from Sikorsky as a direct commercial sale. The service has operated one S-70A Black Hawk aircraft since 1998.

The six new aircraft will bring the total number of Black Hawk helicopters operated by Chile and four other Latin American countries to more than 140.

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 98,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Sikorsky, A Lockheed Martin Company.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sikorsky-signs-contract-with-chilean-air-force-for-six-s-70i-black-hawk-helicopters-300373058.html

SOURCE Sikorsky

Copyright 2016 PR Newswire

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