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Lockheed Martin asks DoD for $212M to help with Sikorsky purchase

Lockheed Martin asks DoD for $212M to help with Sikorsky purchase

Lockheed has sent a request to the Pentagon for funding of $212 million that would go towards a $9 billion Sikorsky purchase. Lockheed has said that the purchase will enable taxpayers to save $8 in efficacies per $1 spent. The Department of Defence is currently auditing the request to ensure that the proposed savings do… Read more »

Source: HeliHub.com, 25-Jan-18

AAR Awarded Navy Contract for Airlift Operations in West Africa

AAR Awarded Navy Contract for Airlift Operations in West Africa

AAR (NYSE: AIR) announces the Department of the Navy, Naval Supply Systems Command (NAVSUP) has awarded a contract to its Airlift division to provide personnel recovery airlift services in West Africa. The total value of the contract is approximately $49 million, inclusive of all option periods. AAR Airlift will provide personnel recovery, casualty evacuation, (CASEVAC)… Read more »

Source: AAR, 29-Sep-14