Char-Koosta News

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S&K Electronics signs a multi-million dollar contract with Lockheed Martin

PABLO — On May 30, S&K Electronics signed a contract with Lockhead Martin Aeronautics Company out of Fort Worth, TX for MUX bus couplers, which will be used in the manufacture of F-16 Fighting Falcon fighter jets. With more than 4000 F-16s produced, it continues to be the worlds most popular and sought after multi-role fighter.

This follow-up contract renews the one that has been in place for the last three years.

"This contract is great news for S&K Electronics and for Montana. My top-priority is to create more good-paying jobs and boost our state's economy, and this new contract will go a long way in accomplishing this," Baucus said. "I'm pleased to see that what started out as a meeting at my Jobs Summit in Great Falls a few years ago has blossomed into a mult-million dollar contract."

The new contract is for up to six years and has a value of $2.2 million.

Those present at the signing were representatives for the Confederated Salish and Kootenai Tribal Council and the Montana Delegation.

In a press release from S&K Electronic, they state that "S&K Electronics, a Confederated Salish and Kootenai Tribes corporation, continues to be a valued supplier to Lockheed Martin Aeronatics group. S&K Electronics, now in their 23 year, has continued to show its ability to stay competitive in the US market. Lockheed Martin is a world leader in their markets with over $39 billion in sales last year and over $75 billion in contract backlog. S&K Electronics is looking forward to an ever increasing business relationship with Lockheed Martin Corporation."

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