Magellan Aerospace Corporation has won a contract from Sikorsky Aircraft Corporation for low rate initial production of assemblies to support the production of the CH-53K LRIP configuration helicopter. The multi-year, multi-million dollar agreement will be delivered from Magellan's New York facility commencing in 2023.

The contract consists of hard metal, machined deliverables for the U.S. Marine Corps (USMC) for the production of the CH-53K King Stallion, the next generation heavy-lift helicopter being produced to replace the CH-53E Super Stallion. The CH-53K achieved initial operating capability in 2022 and is on track to deploy to the fleet in 2024. The Marine Corps plans to deploy the first CH-53K Marine Expeditionary Unit detachment in fiscal year 2024.

The USMC's procurement objective is 200 helicopters.

Commenting on the contract, Mr. Phillip C. Underwood, President and CEO of Magellan Aerospace Corporation says, “We are delighted with this significant new contract award and the opportunity to solidify the relationship between Sikorsky and Magellan. This agreement is an important expression of confidence in our operational performance and the expertise in precision hard metal machining at our New York facility.”