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Lockheed Martin awarded $500M more for VH-71 Presidential Helicopter development

27th November 2008 - 06:24 GMT | by The Shephard News Team


Lockheed Martin Systems Integration, Owego, N.Y., is being awarded a $500,000,000 modification to a previously awarded cost-plus-award-fee contract (N00019-05-C-0030) to provide additional funds for engineering development efforts in support of the System Development and Demonstration (SDD) of the VH-71 Presidential Helicopter.

Work will be performed in Patuxent River, Md. (28 percent); Owego, N.Y. (26 percent); Yeovil, United Kingdom (20 percent); Cascina Costa, Italy (15 percent); Rolling Meadows, Ill. (3 percent); Lynn, Mass (3 percent); Clifton, N.J. (2 percent); Denton, Texas (1 percent); Grand Rapids, Mich. (1 percent); and Rancho Santa Margarita, Calif. (1 percent), and is expected to be completed in December 2014. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.

Source: US Dept of Defense


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