The Naval Air Systems Command (NAVAIR) awarded a sole source, Fixed Price Incentive Firm, Firm Fixed Price, Cost-Plus-Fixed-Fee contract to Sikorsky Aircraft Corp., a Lockheed Martin company, for the Lot 1 Low Rate Initial Production of the CH-53K King Stallion, valued at $303,974,406. The contract action provides the funds for two CH-53K helicopters along with engineering...
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