By Olivia Bugault

 

Thales SA said Tuesday that it has signed a contract with U.S. defense contractor Lockheed Martin Corp. for the supply of up to 55 anti-submarine warfare sonars to the U.S and other foreign navies.

The contract is worth more than 100 million euros ($120.9 million), according to a person familiar with the matter.

As a tier-one supplier, the French aerospace-and-defense company will deliver the sonars that will be installed on the platform of MH-60R maritime helicopters built by Lockheed and used by the U.S. Navy, Thales said.

"The navies of India, Greece and Denmark will receive the helicopter dipping sonars through U.S. Foreign Military Sales of the MH-60R," the company said.

Thales will deliver 42 airborne anti-submarine warfare sonars over the next five years. The contract includes the option to deliver 13 additional ones in year six, it said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

April 27, 2021 08:36 ET (12:36 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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