Tue, Jul 10, 2012
Agreement Runs Through FY 2016
Sikorsky has grabbed a DoD contract that is reportedly worth $7.3 billion over five years. Under the agreement, the company will provide the U.S. Army, Navy and Air Force with additional H-60 Black Hawk helicopters, as well as other versions of the utility aircraft.
Reuters reports that several sources familiar with the deal but not authorized to speak to the media say the pact will trigger a multi-year procurement package approved by Congress in the Pentagon's FY2012 budget. It will be the Defense Department's eighth multi-year acquisition of the aircraft, and comes with options that could add as much as $2 billion to the overall package.
Sikorsky President Mick Maurer had earlier said that the company was "on track" for the contract, but did not give any specifics about what it contained. Analysts say that by utilizing multi-year procurements, the Pentagon can reduce acquisition costs on the helicopter, considered a workhorse across all branches of the military.
The Army is reportedly the lead military negotiator for the deal, but Army officials did not comment.
The aircraft made its first flight in 1974, and flies a variety of missions including troop transport, medevac, and other "special" missions.
Only Time Will Tell If The Booster Is Truly Reusable On November 23, 2015 Blue Origin achieved a first in rocketry and spaceflight history when their New Shepard launch vehicle suc>[...]
Facility Earmarked For Work On Falcon 8X And Falcon 5X Airplanes Dassault Falcon Jet has completed another major expansion of its Little Rock Completion Center that will add 350,00>[...]
First-Ever Forum Of Its Type Draws Over 800 International Officials Over 800 Ministers and senior officials from States, UN and international organizations have gathered at the Hea>[...]
Kremlin Say There Was No Violation Of Turkish Airspace Tensions between Russia and Turkey, and by extension NATO, escalated Tuesday when a Russian Su-24 was shot down by Turkey aft>[...]
AD NUMBER: 2015-23-06 PRODUCT: Certain Airbus Model A330-200, A330-300, and A340-300 series airplanes.>[...]