- 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.
