Wednesday, April 5, 2017

Pentagon Approves Lockheed Martin’s $27 Billion Helicopter Program To Build 200 CH-53K King Stallion Helicopters

US Navy

Business Insider/Reuters: Pentagon gives the green light to Lockheed Martin for 200 helicopters that cost as much as F-35s

April 4 (Reuters) - Lockheed Martin Corp received Pentagon approval on Tuesday to begin production of CH-53K King Stallion helicopter for the U.S. marines, the Department of Defense said on Tuesday.

The award includes 200 helicopters, each costing $87 million on average and $105 million including spare parts and certain service contracts, a Defense Department official had told Reuters last week.

The $27 billion program also includes more than $6 billion in research and development costs.

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More News On The Pentagon Approving The Purchase Of 200 CH-53K King Stallion Helicopters

Marines’ CH-53K Heavy Lift Helicopter Approved To Enter Production -- USNI News
Low-Rate Initial Production Approval Marks ‘Huge Milestone’ for CH-53K Program -- Sea Power
200 King Stallion helicopters to be built at Sikorsky -- New Haven
Pentagon greenlights CH-53K production -- Flight Global
Total cost of CH-53K is $131 million per helicopter: Here's the breakdown -- Defense News

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