Hello, Guest!
  • Saturday, November 23, 2024

Lockheed Martin to Produce Additional Air Force C-130J Aircraft for $106M


lockheed martinLockheed Martin (NYSE: LMT) has received a $106 million contract modification to manufacture additional C-130J aircraft for the U.S. Air Force for fiscal year 2017.

The company will build two C-130J-30, three HC-130J, five MC-130J and one KC-130J under the multiyear production contract, the Defense Department said Tuesday.

Lockheed will produce the aircraft in Marietta, Georgia, through July 31, 2017.

C-130J is designed to support various missions such as special operations, aerial refueling, close air support, firefighting, search and rescue and personal recovery.

Video of the Day

Related Articles

FY 2024 $825B Defense Appropriations Bill Unveiled Financial Reports

FY 2024 $825B Defense Appropriations Bill Unveiled

The appropriations committees of the House and Senate on Thursday released the $825 billion defense spending bill for fiscal year 2024. The FY 2024 Defense Appropriations Act reflects a $27 billion increase from the FY 2023 enacted funding level, the House Appropriations Committee said Wednesday. The appropriations measure would provide $3.72 billion for Army combat

Lockheed Receives $1.4B Contract to Maintain Air Force C-130J Transport Planes Contract Awards

Lockheed Receives $1.4B Contract to Maintain Air Force C-130J Transport Planes

Lockheed Martin (NYSE: LMT) has secured a $1.42 billion sole-source contract to provide logistics and mission sustainment services to the U.S. Air Force’s fleet of military transport planes. The AF Life Cycle Management Center is obligating $91 million in fiscal 2022 operations and maintenance funds at the time of the award and expects the company

Rolls-Royce Gets $97M Air Force C-130J Engine Delivery Order Contract Awards

Rolls-Royce Gets $97M Air Force C-130J Engine Delivery Order

Rolls-Royce has received a $96.9 million delivery order for propulsion systems to support the U.S. Air Force's C-130J Super Hercules transport aircraft sustainment efforts.