Lockheed Martin awarded $503M contract for 12 MH-60R for Australia

Lockheed Martin awarded $503M contract for 12 MH-60R for Australia

31-Aug-2022 Source: US DoD

 

Lockheed Martin Corp., Owego, New York, is awarded a $503,718,672 firm-fixed-price order (N0001922F2291) against a previously issued basic ordering agreement (N0001921G0017). This order provides for the production and delivery of 12 MH-60R aircraft for the Commonwealth of Australia. Work will be performed in Owego, New York (52%); Stratford, Connecticut (40%); and Troy, Alabama (8%), and is expected to be completed in October 2026. Foreign Military Sales customer funds in the amount of $503,718,672 will be obligated at the time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.

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