Lockheed Awarded $18 Billion C-130J Contract

Aug. 23, 2016

The Air Force Life Cycle Management Agency at Wright-Patterson AFB, Ohio, has awarded Lockheed Martin a contract worth up to $10 billion for the production of all future C130J aircraft delivery orders, including foreign military sales. Work will be completed at Lockheed’s Marietta, Ga., facility and is slated for completion by Aug. 18, 2026. Roughly $14 million from the Fiscal 2014-2016 aircraft procurement funds are being obligated at the time of award for the first delivery order, according to the contract announcement.

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