The C130 Hercules is a Lockheeddesigned and built fourengine turboprop aircraft used for troop and cargo transport

Lockheed Draws DOD Contract Upgrade for Cargo/Transport Planes

Aug. 31, 2016
Lockheed Martin Corp. has landed a $287.2-million mark-up to an earlier U.S. Dept. of Defense contract for its C-130J transport aircraft, raising the value to roughly $5.7 billion, and setting the total aircraft to be delivered at 88 over five years.

Lockheed Martin Corp. has landed a $287.2-million mark-up to an earlier U.S. Dept. of Defense contract for its C-130J transport aircraft. The order for five more planes pushes the original order, placed late last year, to roughly $5.7 billion, and totaling 88 aircraft over five years.

Lockheed Martin Wins DOD Contract Worth Over $5 Billion

Lockheed, Rolls-Royce Contracted to Support RAF’s C-130 Fleet

According to published reports, a U.S. Air Force source claimed the additional planes were added to the original order during Congressional budget reviews.

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About the Author

Robert Brooks | Content Director

Robert Brooks has been a business-to-business reporter, writer, editor, and columnist for more than 20 years, specializing in the primary metal and basic manufacturing industries. His work has covered a wide range of topics, including process technology, resource development, material selection, product design, workforce development, and industrial market strategies, among others. Currently, he specializes in subjects related to metal component and product design, development, and manufacturing — including castings, forgings, machined parts, and fabrications.

Brooks is a graduate of Kenyon College (B.A. English, Political Science) and Emory University (M.A. English.)

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