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Article: LOCKHEED MARTIN POSITIONED TO RULE THE WAVES.
- Article from:
- Helicopter News
- Article date:
- August 27, 1999
CopyrightCOPYRIGHT 1999 Access Intelligence, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As cockpit developer and systems integrator for the SH-60R and the CH-60S, Lockheed Martin [LMT] is well on its way to reaping the benefits of the Navy's neckdown to an all Sikorsky [UTX] fleet.
Earlier this month Lockheed Martin Federal Systems in Owego, NY, celebrated the rollout of the first fully upgraded SH-60R multimission helicopter. The milestone marks the most recent development in a plan that will provide the Navy with the most sophisticated range of medium helicopters in maritime service -- and Lockheed Martin with billions in revenue.
The company already has been awarded a three-year, $154.1 million engineering manufacturing and development ...