United Technologies' (NYSE:UTX) Sikorsky Aircraft subsidiary notched a significant contract win Thursday, when it was awarded a $244.9 million modification to an existing firm-fixed-price, multi-year contract to supply the U.S. Army with UH-60M Black Hawk helicopters.
Probably best known for its starring role in the movie Black Hawk Down, the aircraft is what Sikorsky calls the U.S. Army's multi-mission helicopter for the 21st century." The Black Hawk can fly at speeds exceeding 150 knots, and at an altitude approaching 3 miles above sea level. Without reserve fuel, its two engines and 360 gallons-big fuel tanks can carry it as far as 276 nautical miles before needing to refuel.
Used as a transport, the Black Hawk is capable of carrying as many as 20 passengers in addition to its crew. It can be outfitted to carry everything from Stinger anti-aircraft and Hellfire air-to-surface missiles, to miniguns and machine guns. When armed, the Black Hawk helicopter is called a "Battlehawk."
Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.