LOCKHEED LANDS COPTER DEAL FOUR LOCAL FIRMS TO SERVE AS SUBCONTRACTORS FOR NAVY FLEET.Byline: Staff and Wire Services SANTA CLARITA Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, - Four local technology firms are subcontractors in Lockheed Martin's winning bid announced Friday for a $6.1 billion Navy contract to build the next-generation U.S. presidential helicopter fleet. ITT ITT Initial Teacher Training (UK) ITT I Think That ITT Invitation To Tender ITT Individual Time Trial (professional cycling) ITT Intention-To-Treat ITT In This Thread (forums) Industries, Novacap, Wesco Aircraft and Whitmore/Wirenetics are among 42 California firms pegged to the US101, Lockheed's entry in the U.S. Navy competition to replace the helicopter better known by the call sign Marine One. Barbara Boyd, contracts manager at ITT, declined to comment Friday, citing that the contract with Maryland-based Lockheed prevents the Valencia firm from discussing the award. Officials with Novacap, Wesco and Whitmore/Wirenetics could not be reached for comment. Lockheed and its partners competed with Connecticut-based Sikorsky Aircraft For other meanings and similar spellings, see . Sikorsky is an American aircraft and helicopter manufacturer. It was founded 1923 by a Ukrainian born American aircraft engineer Igor Sikorsky, who made the first stable, single-rotor, fully-controllable helicopter to enter , which has built the presidential fleet since 1957, for the 23- helicopter contract. ``We are honored that trust has been placed in Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. and Team US101 for this vital and highly visible mission,'' Robert J. Stevens Robert J. Stevens (born c.1952) serves as Chairman, President and Chief Executive Officer (CEO) of Lockheed Martin. Born in McKeesport, Pennsylvania, Stevens is a 1976 summa cum laude graduate of Slippery Rock University of Pennsylvania from which he received the 2003 , Lockheed's president and chief executive officer, said in a statement. Lockheed shares fell 2 cents to close at $56.38 on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , while Sikorsky parent United Technologies Corp. shares lost 16 cents to close at $102. For the winner the contract means millions of dollars in federal research funds, and a potential edge when the Pentagon looks to replace hundreds of search and rescue helicopters in coming years. It also gives Lockheed the bragging rights to one of the most photographed helicopters in the world: the president's green-and-white aircraft often shown as it lifts off from the South Lawn of the White House. The president ``needs a more survivable sur·viv·a·ble adj. 1. Capable of surviving: survivable organisms in a hostile environment. 2. That can be survived: a survivable, but very serious, illness. helicopter while the nation engages in the global war on terrorism Terrorist acts and the threat of Terrorism have occupied the various law enforcement agencies in the U.S. government for many years. The Anti-Terrorism and Effective Death Penalty Act of 1996, as amended by the usa patriot act ,'' said John Young, assistant secretary of the Navy Assistant Secretary of the Navy (abbrev. "ASN") is the title given to certain senior officials in the U.S. Department of the Navy. They serve as chief assistants to the Secretary of the Navy (SECNAV). for research, development and acquisition, in making the announcement Friday. Lockheed's entry is a variant of the British-Italian EH101 multimission helicopter designed by AugustaWestland, in service since 1997. It has been deployed in Bosnia and Iraq, and in search and rescue missions along Canada's coastlines. Several key components, including the transmission and rotor blades, are built overseas. But Lockheed officials have said about 90 percent of the helicopter's lifetime maintenance costs would flow to U.S. suppliers. ITT Industries of Valencia is providing pressure and temperature switches and indicators for the helicopter, while Novacap is offering radio components. Wesco Aircraft is supplying rivets, pins and other fasteners for the aircraft, and Whitmore/Wirenetics has furnished cables and wiring for electronics systems. Sikorsky and its backers argued that the VH-92 Super Hawk's all- American parts provided greater security than a helicopter built in part in other countries. But the Navy went with the longer, wider, more powerful aircraft, with its three engines, built by General Electric Co. in Lynn, Mass. Sikorsky's Super Hawk has two engines. Plans to replace the Marine Corps' aging presidential squadron took on greater importance after the 9-11 terrorist attacks. Last year the White House pressed for an expedited bidding process because of security concerns, but Navy officials later delayed a decision, saying they needed about a year to get more information. The companies submitted bids last February, and have waged a massive public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most campaign, complete with billboards, demonstration flights, ads and radio commercials. Friday's loss is the second major defeat for Sikorsky in a little less than a year. Last February the Pentagon canceled the $39 billion Comanche helicopter program, which was a joint venture with Boeing Helicopters Boeing Helicopters is a US aircraft manufacturer, part of Boeing Integrated Defense Systems. The factory is in Ridley Township, Pennsylvania, a suburb of Philadelphia. Background Boeing Helicopters was created as Boeing Vertol . The company still builds one of the military's workhorse helicopters, the Black Hawk, which is being used broadly in the Iraq war. The Pentagon is expected to order hundreds more in coming years to replace current models. |
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