Lockheed Martin (NYSE: LMT) has announced it will deliver 50 C-130J Super Hercules to the US government through a C-130J Multiyear III award, which has been finalized by the US Government, the company said.
The Department of Defense awarded more than USD 1.5 billion in funding for the first 21 C-130J aircraft on the multiyear award. The overall award, worth more than USD 3 billion, provides Super Hercules aircraft to the US 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 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.
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.