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Local coverage on the recent Marine One contract win for LMT: (probably only good for a day)

Indeed, Lockheed Martin was the winner of the largest and most prestigious helicopter contract the Pentagon has announced in years. Workers in Owego will be building the next fleet of presidential helicopters.

"The community is celebrating," said Owego resident Eric Peterson, 54. "It's like something finally went right."

Lockheed Martin won the prestigious contract to build the president's helicopters because it had a bigger, better design than Sikorsky Aircraft and could deliver the fleet of 23 helicopters faster and at a lower cost, top Navy officials said Friday.

Lawmakers and state officials on Friday reacted angrily after learning that Lockheed Martin beat out Connecticut's Sikorsky Aircraft to build the new presidential helicopter fleet.

The decision was a blow to Sikorsky, which has built the presidential fleet since 1957 and saw the contract as a point of pride.

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