France Requests $650M Lockheed C-130J Transport, Refueling Aircraft Sale

AC130JThe State Department has approved France’s request to purchase four Lockheed Martin-built (NYSE: LMT) transport planes and tankers from the U.S. government under a $650 million foreign military sales agreement.

The Defense Security Cooperation Agency said Tuesday the future sale includes two C130J transport planes and two KC-130J tankers with turboprop engines from Rolls-Royce plus four engine spares.

France has also ordered defense equipment such as electronic countermeasure dispensers, missile warning systems, radar warning receivers, embedded global positioning and inertial navigation tools, radios and voice terminals.

Lockheed will also provide engineering, logistical, training, documentation and technical support services through the FMS transaction.

France will use the C-130J to transport military personnel and equipment into operational areas and the KC-130J to refuel the French military’s helicopters as well as light transport and fighter planes, DSCA noted.

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