Author: Jamie Bennet|| Date Published: October 13, 2023
The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $379 million contract to produce and deliver eight MH-60R Seahawk helicopters to the Armada, Spain’s naval force.
The aircraft will serve as an upgrade and supporting fleet to the Spanish navy’s SH-60B Seahawk fleet, Lockheed said Thursday.
The deal is covered by an existing basic ordering agreement between Lockheed and Navy, according to the Department of Defense. It will be financed through foreign military sales funds, with Naval Air Systems Command as the contracting activity.
The firm-fixed-price order will be carried out in New York, Connecticut and Alabama until March 2027. The eight units will be added to the Armada’s 12 SH-60B and eight SH-60F helicopters, the latter having been retired and sold by the U.S. Navy to Spain.
Built by Lockheed’s Sikorsky subsidiary, MH-60R is equipped with anti-submarine and anti-surface warfare sensors and mission systems. The company has delivered the aircraft to the governments of Australia, Denmark, India and Saudi Arabia. Greece and South Korea have also ordered units of the platform and expect to receive them starting in 2024.
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