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Article: Lockheed Martin Receives U.S. Air Force Contract Valued At Up To $287 Million For C-130J Training.
- Article from:
- PR Newswire
- Article date:
- November 4, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Lockheed Martin has been awarded a contract valued at up to $287 million, if all options are exercised, to provide C-130J training systems and services to the U.S. Air Force. The Air Force recently exercised options totaling $51.9 million to begin work immediately on the new training systems.
This contract follows a multi-year C-130J aircraft acquisition award to Lockheed Martin Aeronautics Company earlier this year, valued in excess of $4 billion. Under that contract, the U.S. Air Force ordered 40 C-130J aircraft and the U.S. Marine Corps ordered 20 KC-130J tankers.
As prime contractor for the training systems, Lockheed Martin Information Systems has ...