Home / Contract Awards / Lockheed Awarded $169M for C-130 Long Lead Work

Lockheed Awarded $169M for C-130 Long Lead Work

lockheed martinLockheed Martin (NYSE: LMT) has been awarded a $169, 726, 427 contract by the U.S. Air Force ahead of planned long-lead work for the branch’s fleet of C-130J aircraft.

This not-to-exceed firm-fixed-price contract covers advance procurement funding for the 18 planes and a performance period through October 2016, the Defense Department said Friday.

The Air Force will obligate the full amount at the time of award from its fiscal year 2013 advance procurement funds.

Check Also

FY 2020 NDAA Includes Three Provisions for Defense Acquisition Process

The fiscal year 2020 National Defense Authorization Act that President Donald Trump signed into law on Dec. 20 contains three provisions that authorize changes to the defense procurement process and one of those concerns with intellectual property, Federal News Network reported Thursday.

Leidos Awarded Air Force IT, Telecom Support Extension

Leidos (NYSE: LDOS) will continue to provide information technology and telecommunication services to U.S. Air Force customers within the National Capital Region under a $24.9M task order modification.