Author: Jay Clemens|| Date Published: March 28, 2016
Lockheed Martin (NYSE: LMT) has received a $1.5 billion contract modification to fund the procurement of C-130J aircraft for the U.S. Air Force.
The Defense Departmentsaid Thursday the contract represents full funding for the procurement of long-lead items the Air Force ordered along with 28 fiscal 2016 C-130J.
The covered aircraft are 14 C-130J, five HC-130J and eight MC-130J.
Lockheed Martin will carry out production work in Marietta, Georgia, through July 31, 2019.
The C-130J Super Hercules airlifter is built to aid humanitarian relief operations and perform aerial refueling and close air support.
Melissa Bischoping, senior director of security and product design research at Tanium, said adopting agentic artificial intelligence and other autonomous…