MARIETTA, Ga., Jan. 13, 2020 /PRNewswire/ -- Lockheed
Martin (NYSE: LMT) will deliver 50 C-130J Super Hercules to the
U.S. government through a C-130J Multiyear III award, which was
finalized by the U.S. government on Dec. 27,
2019. The award comes as a delivery order under an existing
Indefinite Delivery Indefinite Quantity contract awarded in
August 2016.
The Department of Defense awarded more than $1.5 billion in funding for the first 21 C-130J
aircraft on the multiyear award. The overall award, worth more than
$3 billion, provides Super Hercules
aircraft to the U.S. Air Force (24 HC/MC-130Js), Marine Corps (20
KC-130Js) and Coast Guard (options for six HC-130Js). Aircraft
purchased through the C-130J Multiyear III award will deliver
between 2021-2025, and will be built at Lockheed Martin's
Marietta,
Georgia, facility.
"The C-130J Multiyear III award represents a joint commitment
between Lockheed Martin and the U.S. government in delivering
proven capability that meets our operators' mission and
affordability requirements," said Rod
McLean, vice president and general manager, Air Mobility
& Maritime Missions at Lockheed Martin. "Our partnership with
the U.S. government provides significant savings through multiyear
procurement as compared to annual buys, and provides the best
tactical airlifter to crews who fly and support the world's largest
Super Hercules fleet."
The C-130J Super Hercules is the global standard in tactical
airlift, providing a unique mix of versatility and performance to
complete any mission — anytime, anywhere. The Super Hercules
worldwide fleet has more than 2 million flight hours and is the
airlifter of choice for 20 nations.
For additional information, visit
www.lockheedmartin.com/c130.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a
global security and aerospace company that employs approximately
105,000 people worldwide and is principally engaged in the
research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and
services.
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SOURCE Lockheed Martin Aeronautics Company