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Lockheed Martin signs CH-53K deal with U.S. Marines

April 5, 2017 By Reuters

Lockheed Martin Corp received Pentagon approval on Tuesday to begin production of CH-53K King Stallion helicopter for the U.S. marines, the Department of Defense said on Tuesday.

The award includes 200 helicopters, each costing $87 million on average and $105 million including spare parts and certain service contracts, a Defense Department official had told Reuters last week. | READ MORE