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Lockheed Martin lands $1.2 billion Air Force contract

Lockheed Martin lands $1.2 billion Air Force contract

Photo: WHCU

Lockheed Martin and Sikorsky Aircraft are joining forces again on a government contract.

The two companies have landed a $1.28 billion contract with the Air Force to build a new fleet of combat rescue helicopters.

Connecticut-based Sikorsky will provide the aircraft, and Lockheed Martin’s plant in Owego will handle the new helicopter’s modernized mission systems and other special equipment.

The contract announced Thursday calls for 112 combat search-and-rescue helicopters.

Last month, the Navy struck a $1.2 billion deal with the Lockheed-Sikorsky team to build the next generation of presidential helicopters.

Lockheed Martin has about 2,600 employees in Owego on New York’s Southern Tier.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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