Boeing Beats Lockheed in $2.4 Billion Air Force Helicopter Contest

  • Service wants up to 84 helicopters to guard U.S. ICBM sites
  • Sierra Nevada Corp. also competed for the Pentagon contract

Photographer: Simon Dawson/Bloomberg

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Boeing Co. beat rivals Lockheed Martin Corp. and closely held Sierra Nevada Corp. in a contest valued at as much as $2.38 billion for new helicopters to guard intercontinental ballistic missile sites, the Pentagon said Monday.

As many as 84 of the Boeing MH-139 helicopters will replace decades-old UH-1 Hueys protecting nuclear bases in Montana, Wyoming and North Dakota. Delivery of the first operational helicopter is expected in fiscal 2021.