Defense Business and Industry

Lockheed Martin's Sikorsky wins $11 billion U.S. Navy helicopter contract

Lockheed Martin’s Sikorsky has secured a significant contract worth nearly $11 billion from the U.S. Navy for up to 99 CH-53K King Stallion helicopters, representing the largest order for this heavy-lift aircraft. Deliveries are scheduled to occur between 2029 and 2034, catering to the needs of the Marine Corps and potential international customers. This development comes amid a challenging financial landscape for Lockheed Martin, which recently reported an 80% drop in profits. The contract underscores the ongoing demand for advanced military capabilities and highlights the strategic importance of heavy-lift helicopters in modern warfare, potentially influencing defense procurement trends among allied nations, including India, which continually seeks to bolster its own defense infrastructure and operational capacity.

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