U.S. Navy Awards Sikorsky Contract to Build Six More CH-53K Heavy Lift Helicopters

The CH-53K has flown more than 2,000 flight hours validating the aircraft’s performance , including testing on a ship and in both hot and cold environments. This year, the helicopter completed air-to-air refueling with a 27,000-lb. external load demonstrating its ability to enable heavy-lift transport from sea to shore.

The CH-53K has flown more than 2,000 flight hours validating the aircraft’s performance , including testing on a ship and in both hot and cold environments. This year, the helicopter completed air-to-air refueling with a 27,000-lb. external load demonstrating its ability to enable heavy-lift transport from sea to shore.

STRATFORD, Conn., Oct. 28, 2020 /PRNewswire/ — Sikorsky, a Lockheed Martin company (NYSE: LMT) will build six additional production CH-53K King Stallion helicopters under a new contract for the U.S. Navy. The aircraft will further support the U.S. Marine Corps in its mission to conduct expeditionary heavy-lift assault transport of armored vehicles, equipment and personnel to support distributed operations deep inland from a sea-based center of operations.

Airbus reports Nine-Month (9m) 2020 results

  • Global air travel recovery slower than anticipated
  • Cash containment and business adaptation on track
  • 9m revenues € 30.2 billion; 9m EBIT Adjusted € -0.1 billion
  • 9m EBIT (reported) € -2.2 billion; 9m loss per share (reported) € -3.43
  • Restructuring provision of € -1.2 billion recognised in EBIT (reported)
  • 9m free cash flow before M&A and customer financing € -11.8 billion
  • Strong liquidity underpins business resilience and flexibility
  • Q3 performance: convergence of production and deliveries, free cash flow before M&A and customer financing € +0.6 billion
  • Guidance issued on FCF before M&A and customer financing for fourth quarter 2020
Amsterdam, 29 October 2020 – Airbus SE (stock exchange symbol: AIR) reported consolidated financial results for the nine months ended 30 September 2020.