Lockheed Wins $2.3 Billion Contract to Build Black Hawk Helicopters

A U.S. Army Black Hawk helicopter flies over the Rzeszow-Jasionka Airport as President Joe Biden also arrives to visit Poland, near Rzeszow, Poland, on March 25, 2022. Kacper Pempel/Reuters

WASHINGTON—Lockheed Martin Corp. won a $2.3 billion contract to build at least 120 H-60M Black Hawks as the U.S. military continues its search for a next-generation helicopter, the Pentagon said on Monday.

The five-year contract includes options for an additional 135 aircraft which will be available to the Army as well as other U.S. agencies and allies, pushing the potential total contract value to $4.4 billion with options, the Army said in a statement.