South Korea selects Lockheed Martin’s S‑92A+ as new presidential helicopter
The Republic of Korea Air Force announced that Sikorsky, a Lockheed Martin company, will deliver four S‑92A+ helicopters for its Presidential Helicopter II program. The contract, disclosed on 6 Nov 2026, includes in‑country mission‑equipment completion for three aircraft by Korea Aviation Engineering & Maintenance Service and provides spare parts and sustain‑ment support. The total project cost is reported at about 873 billion won and the fleet is slated to enter service in 2031.
Why it matters
The award secures a multi‑year revenue stream for Lockheed Martin and its Sikorsky unit, while the Korean defense budget will allocate roughly 873 billion won to the program. Production capacity of up to 12 S‑92A+ aircraft per year will be utilized in the United States, supporting the supplier’s manufacturing outlook.
Key facts
- 1The contract was announced on 6 Nov 2026. news.lockheedmartin.com
- 2Four S‑92A+ helicopters will be delivered to the Republic of Korea Air Force. news.lockheedmartin.com
- 3Korea Aviation Engineering & Maintenance Service will perform mission‑equipment completion for three of the four helicopters. news.lockheedmartin.com
- 4The contract includes additional special‑mission equipment, spare parts and sustain‑ment support. news.lockheedmartin.com
- 5The total project cost is about 873 billion won. mk.co.kr
- 6Sikorsky can produce up to 12 S‑92A+ aircraft annually at its Stratford, Connecticut and Owego, New York facilities. news.lockheedmartin.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.