Home / Contract Awards / Lockheed Martin to Produce Additional Air Force C-130J Aircraft for $106M

Lockheed Martin to Produce Additional Air Force C-130J Aircraft for $106M

lockheed martinLockheed Martin (NYSE: LMT) has received a $106 million contract modification to manufacture additional C-130J aircraft for the U.S. Air Force for fiscal year 2017.

The company will build two C-130J-30, three HC-130J, five MC-130J and one KC-130J under the multiyear production contract, the Defense Department said Tuesday.

Lockheed will produce the aircraft in Marietta, Georgia, through July 31, 2017.

C-130J is designed to support various missions such as special operations, aerial refueling, close air support, firefighting, search and rescue and personal recovery.

Check Also

L3 to Update Navy Submarine Sensor Under Potential $74M Contract

L3 Technologies (NYSE: LLL) has secured a potential six-year, $73.7M contract to update, repair and overhaul submarine photonics masts used on U.S. Navy submarines. The service branch will obligate $2.1M in fiscal 2019 other procurement funds at the time of award, the Department of Defense said Monday.

TCOM Wins Potential $979M Army Tethered Aerostat Support Contract

Airborne surveillance systems provider TCOM has won a potential five-year, $978.9M contract to help the U.S. Army engineer, and operate low-altitude aerostats that are intended for intelligence, surveillance and reconnaissance missions.