Lockheed Martin to Manufacture 12 MH-60R Helicopters for South Korea

Lockheed Martin is awarded a $447,230,778 contract against a previously issued basic ordering agreement for the production and delivery of 12 MH-60R aircraft for the government of the Republic of Korea.

Work is expected to be completed in December 2024, a Pentagon release said.

Foreign Military Sales (FMS) funds in the amount of $447,230,778 will be obligated at time of award. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.

On August 7, 2019 the U.S. State Department had approved an FMS to the Republic of Korea of 12 MH-60R Multi-Mission Helicopters with support for an estimated cost of $800 million.