Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a potential $193.8 million U.S. Army foreign military sales contract to supply modernized units of the Black Hawk medium-lift helicopter platform to Saudi Arabia.
Sikorsky will manufacture eight UH-60Ms for the Saudi Arabian National Guard and another nine for the Royal Saudi Land Forces Airborne Special Security Forces, the Defense Department said Thursday.
The U.S. Army Contracting Command in Redstone Arsenal has obligated $11.2 million in fiscal 2018 foreign military sales funds at the time of award.
DoD expects Sikorsky to finish contract work by Dec. 31, 2022.
UH-60M is designed to support combat assault, combat search and rescue, command and control, external lift, firefighting, medical evacuation, VIP transport and armed missions.
