Supply Chain Council of European Union | Scceu.org
Procurement

South Korea Plans $878M Maritime Helicopter Procurement via US Foreign Military Sales Program – GovCon Wire

December 17, 2020
Contract Awards, News

South Korea Plans $878M Maritime Helicopter Procurement via US Foreign Military Sales Program

MH-60R helicopters Lockheed Martin photo

South Korea’s defense acquisition program administration expects to finalize an estimated $878M foreign military sales contract with the U.S. government to procure a dozen MH-60R Seahawk naval helicopters built by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary, Defense News reported Wednesday.

DAPA chose the Seahawk platform for the second batch of the agency’s maritime operational helicopter procurement effort that will also include equipment and support services.

The report said DAPA initially planned a sole-source acquisition of Leonardo AW159 multimission helicopters but changed its decision after the agency received an MH-60R price offer from the U.S.

The South Korean navy wants to receive all 12 Seahawks by 2025 via phased delivery and deploy the maritime aircraft aboard its future frigate vessels and Aegis combat system-equipped destroyer ships, the report added.

You may also be interested in…


Ultra Electronics

An Ultra Electronics subsidiary will manufacture electro-acoustic towed torpedo countermeasure systems for the U.S. Navy under a potential six-year, $268.5M contract.


Boeing

Boeing (NYSE: BA) has been awarded a $108.5M modification on a potential 10-year Defense Logistics Agency contract to supply consumable aircraft items to U.S. and foreign military sales clients.

Related posts

MRO Market Procurement Intelligence Report | SpendEdge Forecasts over USD 130 Billion Spend Growth in the MRO Market – Financialbuzz.com

scceu

Groundnut procurement: Farmers’ registration will go on till Oct 20 without holidays, says Radadiy

scceu

The Importance of GDPR Compliance and How Procurement Can Help

scceu