Hello, Guest!
  • Friday, April 19, 2024

Lockheed, Rolls-Royce Ink $1B C-130 Engine Deal; Tom Bell, George Shultz Comment

AC130JLockheed Martin Corp. (NYSE: LMT) has agreed to power its C-130J aircraft with Rolls-Royce-built engines under a $1 billion deal signed by both companies.

Rolls-Royce will deliver nearly 600 AE 2100 engines for the C-130J Super Hercules and develop those engines for all C-130J variants through 2025, Rolls-Royce said Wednesday.

The engines are intended to help fulfill requirements for contracts with the U.S. government and international customers from 2014 until 2018.

George Shultz, Lockheed vice president and general manager of C-130 programs, said the company intends for the agreement to deliver airlifter units to customers.

The AE 2100 engines will be installed on all C-130J units and the Rolls-Royce T56 on the legacy C-130 fleet.

Tom Bell, Rolls-Royce president of defense, said the deal extends the companies’ previous partnership on medium transport aircraft production.

Video of the Day

Related Articles

Darrell Graddy Named Chief Strategy Officer at Boston Government Services Executive Moves

Darrell Graddy Named Chief Strategy Officer at Boston Government Services

Darrell Graddy, formerly chief operating officer of Leidos‘ (NYSE: LDOS) U.K. business arm, has been appointed chief strategy officer at Boston Government Services. He brings to the role nearly four decades of government contracting industry experience in program management, business development, capture strategy, strategy development and strategic planning, BGS said Monday. “Darrell has been a

Lockheed to Develop MDA’s Next Generation Interceptor System Contract Awards

Lockheed to Develop MDA’s Next Generation Interceptor System

Lockheed Martin (NYSE: LMT) has been selected to develop the Missile Defense Agency’s next-generation missile interceptor system designed to defend the U.S. homeland against intercontinental ballistic missile threats. The company said Monday it will serve as the prime contractor on the Next Generation Interceptor program and spearhead the system’s critical design review, integration in the

Lockheed Martin’s Maria Demaree on the Future of AI/ML & Space Executive Spotlights

Lockheed Martin’s Maria Demaree on the Future of AI/ML & Space

Artificial intelligence is changing the game across all domains and industries, including in space. Maria Demaree, vice president and general manager of national security space at Lockheed Martin, spoke with Executive Mosaic about how AI is impacting missions from CJADC2 to space and more. Demaree, a two-time Wash100 Award winner, has been with Lockheed Martin for over