- Sikorsky, a Lockheed Martin Corp LMT company, and United Rotorcraft, a division of Air Methods Corporation, have signed a marketing teaming agreement.
- The agreement formalizes how both companies will collaborate to meet growing global interest in the S-70 FIREHAWK helicopter.
- The arrangement will enable the team to identify demand and more quickly build and configure new production FIREHAWK helicopters for government agencies worldwide.
- The agreement will allow United Rotorcraft to contract for bulk orders of S-70 Black Hawk aircraft. The first aircraft of the bulk order will be modified to the FIREHAWK configuration for delivery in 2023 to the State of Colorado.
- Price Action: LMT shares are trading lower by 3.15% at $451.46 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in