State Dept. OKs Proposed Iraq Purchase of Lockheed C-130E/J Sustainment Package

AC130JThe State Department has approved Iraq’s request to purchase equipment, parts and associated training, logistics and sustainment services for Lockheed Martin‘s (NYSE: LMT) C-130E/J aircraft under a potential five-year, $800 million contract.

The Defense Security Cooperation Agency said Wednesday that the proposed foreign military sale includes maintenance, documentation, spare and repair parts, personnel training, support equipment and U.S. government and contractor logistics support.

DSCA added that the sustainment package would help the Iraqi air force’s C-130E/J operate past 2015 to perform humanitarian relief missions.

The agency also noted that the potential sale supports U.S. national security and foreign policy.

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