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Stock impact report

Piasecki Aircraft and Columbia Helicopters Partner to Deliver Upgraded Heavy-Lift Tandem Rotorcraft [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
COATESVILLE, PA / ACCESSWIRE / July 3, 2024 / Piasecki Aircraft Corporation (PiAC), a global leader in advanced Vertical Take Off and Landing (VTOL) aircraft development, and Columbia Helicopters (CHI), the world's premier tandem rotor helicopter OEM, MRO, and operator, today announced a strategic collaboration to deliver upgraded heavy-lift helicopters worldwide. The collaboration will upgrade existing Model 107-II helicopters to a new, more fuel-efficient, powerful and robust Columbia Model CHI-107-III configuration. This partnership supports customers in essential services such as emergency response, aerial firefighting, forestry, infrastructure, and defense. The military variant of the Model 107-II is the CH-46E Sea Knight (Phrog), which served with the U.S. Marine Corps and Navy, as well as allies in Sweden and Japan. Modifications and testing will take place at Piasecki's 219,000-square-foot heliplex facility in Coatesville, Pennsylvania - acquired in 2023 from Lockheed Mar Show less Read more
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