Lockheed Martin Corp has recieved a contract worth $140 million to provide two additional C-130J transport planes to the Iraqi government via the U.S. Air Force. The U.S. Air Force contract also includes non-recurring engineering and integration tasks associated with the new configuration of C-130J planes built to Iraqi government specifications. The U.S. Air Force in April has already increased an earlier Lockheed contract for four planes by $293 million.
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 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 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.