Sikorsky’s $8.5-11.7B “Multi-Year 8” H-60 Helicopter Contract
November 19/20: Lithuania Lithuania signed for four Sikorsky UH-60M Black Hawk transport and utility helicopters, the country’s Ministry of National Defence announced. The $213 million procurement, which will be paid off over five years, includes additional equipment, spares, and a training, repair, and logistical support package. The US government is providing $30 million to support the purchase, and has cleared the sale of a further two helicopters should the Lithuanian Armed Forces request them. News of the contract came four months after the US State Department approved the sale to Lithuania of six Black Hawks for $380 million.
In July 2012, the US military signed another huge contract with Sikorsky. With production of the Army’s HH/UH-60M, and the Navy’s MH-60S and MH-60R helicopters, all in full swing, there’s no question about the need for future orders. In that environment, multi-year contracts allow efficiencies in purchasing, and security of staffing, throughout Sikorsky’s supply chain. These new helicopter types are also available to Foreign Military Sales class customers, under the American contract’s advantageous pricing and terms. The UH-60M, MH-60S and MH-60R models have already inked export deals, and official requests indicate that more deals are in the pipeline.
The new multi-year 2013-2017 contract could be worth up to $11.7 billion, and follows a 5-year, multi-service “MYP-VII” contract in December 2007. Like its predecessor, it covers UH-60M Black Hawk troop transport and light cargo helicopters, Army HH-60M SAR (Search And Rescue) / MEDEVAC (MEDical EVACuation) helicopters, and the US Navy’s MH-60S and MH-60R Seahawk helicopters.
MYP-VIII: Contract in Context
Contracts & Key Events
FY 2015 – 2020
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