casey Posted March 16, 2016 Share Posted March 16, 2016 Lockheed Martin Corp. has won a modification contract from the U.S. Air Force for the C-130J multi-year production aircraft. This $106 million contract was awarded by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH. This latest contract will provide procurement funding for long-lead efforts related to 11 fiscal 2017 C-130J aircraft in the following configuration: 2 C-130J-30, 3 HC-130J, 5 MC-130J and 1 KC-130J. Work is scheduled to be complete by Jul 31, 2017 and will be performed in Marietta, GA. The contract will use fiscal 2016 Air Force and Navy aircraft procurement funds. The latest model in Lockheed Martin's Hercules family - C-130J Super Hercules - is a four-engine, turboprop, military transport aircraft. The Hercules family has the longest continuous production run of a military aircraft in history. The C-130J's crew includes just two pilots and one loadmaster as no navigator or flight engineer is required on the aircraft. The J-model is almost similar to the classic Hercules in terms of general appearance. However, it uses updated technology like the new Rolls-Royce AE 2100 D3 turboprops with Dowty R391 composite scimitar propellers, digital avionics and reduced crew requirements. These improvements boosted its performance over its C-130E/H predecessors, such as 40% greater range, 21% higher maximum speed and 41% shorter take-off distance. Lockheed Martin is the largest U.S. defense contractor with a platform-centric focus that guarantees a steady inflow of follow-on orders from its leveraged presence in the U.S. Army, Air Force, Navy and IT programs Source: http://www.nasdaq.com/article/lockheed-martin-lmt-wins-106m-air-force-deal-for-c-130j-cm593999 View full article Quote Link to comment Share on other sites More sharing options...
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