Lockheed Teams With Rheinmetall in Bid for Germany's Helicopter Replacement Effort - GovCon Wire
Lockheed Martin (LMT) has partnered with Rheinmetall to bid on a potential $4.9B German military contract for up to 60 heavy-lift helicopters. The contract aims to replace Germany's CH-53G fleet with Sikorsky-built CH-53K King Stallion helicopters by 2023. A request for information is expected in the second half of 2018.
How this was made
The 30-second read
Why it matters
The $4.9 billion potential contract could add to Lockheed's defense order backlog and support Rheinmetall's European market position.
Market read
A major defense bid that may affect both US and European defense stocks.
What to watch
Budget constraints or political considerations could affect contract award.
Background
Lockheed Martin (LMT) and Rheinmetall AG announced a joint bid to supply CH‑53K helicopters to replace Germany's CH‑53G fleet.
Ticker impact
Lockheed Martin announced a partnership with Rheinmetall to bid for a $4.9 billion German helicopter contract.
Modest upside if the bid wins; neutral if not awarded.
The contract size is material, but the award is not yet secured.
Market effects
May signal increased competition in European defense procurement.
Could influence German defense spending outlook.
Highlights US‑German defense collaboration.
Counterpoint
Award may go to a European‑only consortium, limiting upside for Lockheed.
Key entities
- CompanyLockheed Martin
US defense contractor, ticker LMT.
- CompanyRheinmetall AG
German defense and automotive supplier, ticker RHM.DE.


