Lockheed Martin Wins a $375.9M Contract for Black Hawk Helicopters

Lockheed Martin Corporation’s (LMT) business unit, Sikorsky, recently secured a modification contract to provide full funding for UH-60M and HH-60M Black Hawk helicopters. The award has been provided by the Army Contracting Command, Redstone Arsenal, AL.Valued at $375.9 million, the contract is expected to be completed by Dec. 31, 2027. The work related to this contract will be carried out in Stratford, CT.What’s Favoring LMT Stock?With countries worldwide enhancing their defense capabilities, spending on a ...