Hello, Guest!

Lockheed Martin Wins $222M for C-5 Upgrades


lockheed martinLockheed Martin (NYSE: LMT) Aeronautics has been tasked to carry out additional work worth $222 million to modernize the U.S. Air Force’s C-5M aircraft, the Defense Department said Wednesday.

The fixed-price contract modification under the Reliability Enhancement and Re-engining Program involves the installation of General Electric-made engines and 69 other enhancements to 11 C5 aircraft.

The Air Force Life Cycle Management Center/WLSK contracted the activity as it continues to achieve transport throughput and payload capability gains that the Pentagon said would help sustain the C5’s fleet life in the next two decades and beyond.

According to the DoD, the work will be performed in Marietta, Georgia, for a period of three years, with a finish date set for Jan. 10, 2017.

Video of the Day