The Maritime Helicopter Support Company (MHSCo) - a joint
venture of leading aerospace companies - Sikorsky, a unit of
United Technologies Corp.
Lockheed Martin Corp.
) - recently laid the foundation for building maintenance
and warehouse facilities for the Royal Australian Navy's new
fleet of 24 MH-60R SEAHAWK helicopters.
Situated at the Albatross Aviation Technology Park and spread
over 120,000 square feet, the facility will provide Through Life
Support logistics services for the MH-60R SEAHAWK helicopters
during its projected 30-year life span. The project is scheduled
to be completed in early 2015.
The facility will house experts from Brisbane-based Sikorsky
Helitech to assist in helicopter aftermarket support, Lockheed
Martin Australia to handle mission systems and avionics, and
General Electric Co.
) for its proficiency in engines.
The MH-60R, manufactured by Sikorsky, is armed with advanced
mission systems and sensors by Lockheed Martin Mission Systems
and Training (MST). These helicopters can detect modern
submarines in coastal and open ocean scenarios and can conduct
anti-surface warfare missions with other aircrafts. Their
secondary functions include search and rescue, medical
evacuation, electronic support measures and vertical
MHSCo will provide unique, integrated support solutions to the
Australian Navy fleet, ensuring that the helicopters are in peak
flight readiness. MHSCo will customize its capabilities to suit
the support requirements of the SEAHAWK fleet.
While the day-to-day operational maintenance will be the duty of
Naval Air Station Nowra personnel, MHSCo's Through Life Support
facilities will be responsible for induction of scheduled and
unscheduled depot level airframe maintenance. MHSCo will provide
logistics support, inventory management, and ground support
equipment as well as carry out periodic helicopter and component
maintenance. It will be in charge of installing aircraft upgrades
and modifications and conducting a full strip and repaint of the
MHSCo aims to provide aftermarket and logistics support to
increase aircraft mission readiness. Serving as a single point of
contact for helicopter parts from multiple suppliers, MHSCo has
fulfilled an important requirement for the U.S. Navy and is now
spreading its operations to cover more territory.
MHSCo excels at providing sophisticated performance-based
logistics (PBL) support to over 500 U.S. Navy H-60 helicopters,
thus enabling a significant increase in operational efficiency.
Using PBL, a model for all defense aviation support programs,
MHSCo intends to develop a cost-effective and efficient
aftermarket support program for meeting global naval helicopter
Both Lockheed Martin and United Technologies currently sport a
Zacks Rank #2 (Buy). Another notable stock in the aerospace
Huntington Ingalls Industries, Inc.
), which holds a Zacks Rank #1 (Strong Buy).
GENL ELECTRIC (GE): Free Stock Analysis
HUNTINGTON INGL (HII): Free Stock Analysis
LOCKHEED MARTIN (LMT): Free Stock Analysis
UTD TECHS CORP (UTX): Free Stock Analysis
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