Article: LOCKHEED MARTIN POSITIONED TO RULE THE WAVES.

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 ...

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