Lockheed Wins $89M Modification to Provide 9 Air Force Aircraft

The U.S. Air Force has awarded Lockheed Martin Corporation‘s (NYSE: LMT) aeronautical systems of Marietta, Ga., a modification to a firm-fixed-price contract not to exceed $89, 016, 000.

The modification obligates fiscal year 2011 congressionally mandated advance procurement funding for long lead efforts.

Lockheed will provide one U.S. Air Force C-130J -30 aircraft and eight HC/MC aircraft. The modification includes two peculiars for each of the HC/MC aircraft for a total of nine fiscal year 2012 aircraft.

Wright-Patterson Air Force Base, Ohio, is the contracting activity.

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