Lockheed Martin wins contracts totalling over $1.12bn from US Air Force

3 January 2016 (Last Updated January 3rd, 2016 18:30)

The US Department of Defense (DoD) awarded two definitisation modification contracts worth over 1.12bn to aerospace giant Lockheed Martin at the end of 2015.

The US Department of Defense (DoD) awarded two definitisation modification contracts worth over 1.12bn to aerospace giant Lockheed Martin at the end of 2015.

The first entitles the firm to over $1.06bn of definitisation modification (PZ0001) to a previous contract for C-130J multi-year production aircraft.

Around 32 aircraft are expected to be delivered to the DoD as a part of the deal in the following configurations: 13 C-130J-30, five HC-130J, 11 MC-130J, two KC-130J and one US Coast Guard HC-130J.

"Works for the aircrafts are likely to be carried out at Marietta in Georgia, and expected to be over by April 2020."

Works for the aircrafts are likely to be carried out at Marietta in Georgia, and expected to be over by April 2020.

Additionally, Lockheed Martin has been awarded a $61.87m definitisation modification (P00522) for C-130J fiscal 2013 and 2014 congressional-add production aircraft for the US Air Force (USAF).

The firm has been contracted to provide 11 C-130J aircraft as a part of the second deal, which will be in the following configurations: one C-130J-30, three HC-130J, two MC-130J, three KC-130J, and two US Coast Guard HC-130J.

Work for the second delivery is expected to be completed by January 2018.

The Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity for both the delivery deals.

In December, Lockheed delivered its 2,500th C-130 Hercules at Moody Air Force Base in Valdosta, Georgia.

The new HC-130J Combat King II personnel recovery aircraft is intended to be a part of USAF's 71st Rescue Squadron.

In November last year, the US government also allowed a deal worth $650m for selling C-130J Super Hercules military transport airplanes and equipment to France.