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Tuesday, July 10, 2012

Sikorsky Signs Five-Year Contract To Build H-60 Helicopters For U.S. Army and Navy

UH-60 Black HawkThe U.S. Army and Navy signed July 9th 2019 an $8.5 billion contract with Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp., to buy a baseline quantity of 653 BLACK HAWK and SEAHAWK® helicopters through December 2017.

The five-year contract will yield significant savings for the U.S. Government compared with purchasing the same quantity across five separate annual agreements.

The five-year agreement also allows the Army and Navy to order as many as 263 more aircraft within the same contractual terms. If exercised, the optional purchases could push the contract value as high as $11.7 billion.

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