According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $21, 400, 000 contract modification for MC-130J increment three. The overall scope of this effort is to add the C-130J Block 7.0 upgrades and a special mission processor capability that include both developmental and integration of known/low risk improvements. The MC-130J unique increment three effort includes non-recurring engineering to develop one trial kit installation and developmental test of the increment three capability on one MC-130J increment two aircraft. The ASC/WLNNC, Wright Patterson Air Force Base, Ohio, is the contracting activity (FA8625-11-C-6597 PO0002).”
Air Force Deal Lands on Lockheed Martin’s Runway
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