Lockheed Martin has been awarded USD15 billion to support all remaining C-130J Hercules work through to 16 July 2030. The indefinite delivery/indefinite quantity (IDIQ) contract, which was announced by the US Department of Defense (DoD) on 17 July, covers domestic and Foreign Military Sales (FMS) work related to the four-engined airlifter built at the company’s Marietta facility in Georgia.
“This contract provides flexibility to accommodate the broad enterprise of activities associated with the C-130J programme,” the DoD said, noting that it specifically covers development, integration, retrofit, and production activities for all C-130J variants.
The DoD added that fiscal year (FY) 2018 and 2019 aircraft procurement funds in the amount of USD3.3 million were being obligated at the time of award....MORE
