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Aerotree Defence Announces Project Award by Mindef Malaysia for Blackhawk Helicopter Leasing and Allied Services [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
contract arrangement with the Ministry of Defence Malaysia for the lease of four Sikorsky UH60A Blackhawk helicopters. The formalized agreement comes pursuant to the announcement made earlier in 2023 by General Tan Sri Zamrose Mohd Zain and subsequent letters of award issued on April 17, 2023, and January 29, 2024, [2] with the official signing ceremony at the Langkawi International Maritime and Aerospace Exhibition 2023. According to Lockheed Martin, the Blackhawk helicopters provide a multirole transport with enhanced digital avionics, heavy lift capabilities, search and rescue operational use, medevac use role, and a helicopter for special operations. [3] The UK Defense Journal further depicts a global adoption of the modified Sikorsky with over 4000 Blackhawks in active roles globally. [4] When asked for comment, Dato Halim Othman said, "The agreement with Aerotree witnesses the departure from traditional procurement models, streamlining access to high-value assets for Malaysi Show less Read more
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