US Navy Awards Lockheed $14.8 Million Contract For Next Phase MH-60R Integration

Posted on: Sep. 8th, 2004 || Source: lockheedmartin.com | E-mail Article | Print Article

OWEGO, NY, September 8, 2004 -- Lockheed Martin [NYSE: LMT] has received a $14.8 million advance acquisition contract from the U.S. Navy to begin systems integration of eight new MH-60R multimission helicopters.

The eight MH-60R aircraft constitute the third stage of low rate initial production (LRIP III) for the Navy’s new multimission helicopter. As the MH-60R systems integrator, Lockheed Martin Systems Integration - Owego will equip each aircraft with a cockpit and mission systems that enable each helicopter to conduct anti-surface and undersea warfare.

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