Lockheed's Sikorsky seeks review of Black Hawk replacement contract

Reuters

Published Dec 28, 2022 05:26PM ET

Updated Dec 28, 2022 05:45PM ET

(Reuters) -Lockheed Martin Corp's Sikorsky unit on Wednesday sought a review of the U.S. Army's decision to award a contract for its next-generation helicopter to Textron Inc (NYSE:TXT)'s Bell unit.

The company, which filed its protest with the U.S. Government Accountability Office (GAO), said it had partner Boeing (NYSE:BA) Co's support.

Earlier this month, the Army ended a years-long competition aimed at finding a replacement for the Black Hawk utility helicopter after it assigned the contract to Textron's unit.

The contract is potentially worth around $70 billion - over decades - depending on how many are ordered, according to the Army, which is looking to retire more than 2,000 medium-class UH-60 Black Hawk utility helicopters built by Sikorsky since the 1970s.

The filing of a protest by Lockheed and Boeing triggers a formal legal review from the GAO and requires a decision within 100 days, the agency said.