Lockheed Martin Corporation (LMT)'s Sikorsky, Heli-One, and Milestone Aviation to Establish Center of Excellence for S-92 Helicopters
The partnership intends to leverage the combined capabilities of the three companies to provide comprehensive maintenance and support services to customers. Another objective is also to enhance support for S-92 operations in Brazil and other parts of South America through improved mission readiness and fleet availability.
Leon Silva, Vice President of Global Commercial and Military Systems at Lockheed Martin Corporation (NYSE:LMT)'s Sikorsky, stated the following on the development:
'We are committed to providing our customers with rigorous and dependable capabilities that ensure the continued success of the S-92 helicopter. This initiative combines the best skills, expertise and technologies from across the industry to enable customers to keep their S-92 helicopters in service for longer and maximize operational readiness.'
Sikorsky, a Lockheed Martin Corporation (NYSE:LMT) company, has advanced aerospace and defense capabilities in Brazil for nearly half a century. More than 30 S-92 operate in the country, with support from local FSL near operators Lider Aviation, CHC Helicopter, and Omni Helicopters International.
The helicopter is certified by the Brazilian National Civil Aviation Agency. In recent months, Sikorsky has announced several enhancements to the aircraft, reflecting a continued commitment to the platform.
While we acknowledge the potential of LMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Best Global Stocks to Buy Right Now and 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds.
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