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Benzinga
Benzinga
Business
Akanksha Bakshi

Sikorsky, United Rotorcraft Ink Marketing Teaming Agreement For S-70 FIREHAWK Helicopter

  • Sikorsky, a Lockheed Martin Corp (NYSE: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.
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