Lockheed Wins $194M for Greek MH-60R Helos

The U.S. Navy has contracted Lockheed Martin to produce four MH-60R helicopters for Greece.

This modification adds a $180,000,000 not-to-exceed, undefinitized line item for the production and delivery of four MH-60R aircraft, and exercises a $13,980,348 option to procure three airborne low frequency sonars in support of the government of Greece, the U.S. Department of Defense said in a release today.

Work is expected to be completed in February 2025.

In July, Greek publication Ptsidiastima reported that the government signed letters of acceptances (LOA) to purchase four MH-60R helicopters and modernize old S-70B6 rotorcraft.

Commenting on the LOA, the publication wrote, "it is probably the lowest price for MH-60R to an export customer. A corresponding LOA was signed for the targeted modernization program of S-70B6 helicopters. The helicopters serving in the Navy will be modernized, receiving a "decent" package of upgrades for electronics and sensors, in order to continue to remain combative in the coming decades. The important thing is that the helicopters will again become 100% combatable thanks to the FOS program that accompanies the modernization.”

The report added that Greek Navy will soon sign contracts for modernization of Hydra-class MEKO 200 frigate and procurement of heavy-duty torpedoes for Type 214 submarines. Israel has reportedly agreed to upgrade Greek AH-64 Apache gunships recently.