Lockheed Martin Protests Loss of Military Helicopter Contract

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Lockheed Martin Protests Loss of Military Helicopter Contract
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Lockheed Martin said it filed a protest against the Army’s decision to award a potential $80 billion contract for a new fleet of helicopters to Textron

Lockheed Martin Corp. said it has filed a protest against the Army’s decision to award Textron Inc. with the contract to build a new fleet of helicopters that analysts estimate could be worth up to $80 billion.

The Army’s Future Long Range Assault Aircraft program is one of the Pentagon’s top priorities, aiming to replace hundreds or even thousands of UH-60 Black Hawk helicopters made by Lockheed’s Sikorsky arm.

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