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C-130 News: Lockheed Martin Unit Wins $16M Navy Deal for C-130T

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Lockheed Martin Corp.’s unit, Rotary and Mission Systems, has won a modification contract from the U.S. Navy to incorporate the data integrity requirement into the current avionics obsolescence upgrade effort for the C-130T aircraft.


Contract Details

The contract is valued at $16.1 million. It was awarded by the Naval Air Systems Command, Patuxent River, MA.

Work is scheduled to be complete by Mar 2018. Majority of the work will be performed in Ottawa, Canada, while the rest in Owego, NY. The contract will use fiscal 2015 and 2016 aircraft procurement funds (Navy).

2016-12-04 C-130T.jpg

Lockheed Martin Corp.’s unit, Rotary and Mission Systems, has won a modification contract from the U.S. Navy to incorporate the data integrity requirement into the current avionics obsolescence upgrade effort for the C-130T aircraft.


Contract Details

The contract is valued at $16.1 million. It was awarded by the Naval Air Systems Command, Patuxent River, MA.

Work is scheduled to be complete by Mar 2018. Majority of the work will be performed in Ottawa, Canada, while the rest in Owego, NY. The contract will use fiscal 2015 and 2016 aircraft procurement funds (Navy).

A Brief Note on C-130T

Lockheed Martin’s C-130T aircraft is a high wing, all metal, long-range, land-based monoplane. It is powered by four Allison T56-A-16 turboprop, constant-speed engines. The aircraft provide logistics support to operating forces of the Navy fleet. The C-130T aircraft offers rapid transportation for personnel or cargo for delivery by parachute or landing.

The aircraft has the capability of landing and taking off on short runways and can be used on landing strips. It can provide mission capabilities for instance emergency evacuation of personnel and key equipment, advanced party reconnaissance, and special warfare operations, as directed.

Impact of this deal on Lockheed Martin

Read more at: https://www.zacks.com/stock/news/241342/lockheed-martin-lmt-unit-wins-16m-navy-deal-for-c130t?cid=CS-ZC-FT-241342

 


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