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Tag Archives: sole-source acquisition

Lockheed Secures Potential $10B IDIQ for Air Force C-130J Production Support

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential 10-year,   $10.02 billion indefinite-delivery/indefinite-quantity contract to support the military branch’s C-130J Super Hercules production effort. The sole-source contract also includes foreign military sales,  the Defense Department said Friday. DoD expects Lockheed’s aeronautics segment in Marietta, Georgia to finish contract work Aug. 18, …

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