Schumer: Presidential Helicopter Project on Track for Lockheed
3/24/2014 (Updated 10:47:39 PM)Senator Charles Schumer says that the Presidential Helicopter project, bid on by Lockheed Martin in Owego, is on track...
Schumer says the 2014 budget includes $80 million for the project.
He also says President Obama's 2015 budget calls for $388 million for the project.
He says there are also two other pieces of good news for Lockheed Martin.
"Great news number three: there is only one bidder-us. And good news number four: We expect that there will be a contract award in the late spring,early summer," said Schumer.
Schumer says the project could add a couple of hundred jobs to Lockheed in Owego.
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