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Schumer: Presidential Helicopter Project on Track for Lockheed

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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