Lockheed Martin will deliver 50 C-130J Hercules transport aircraft to the Pentagon and US Coast Guard (USCG) as part of a third multiyear award finalised on 27 December, according to a company statement.
The award comes as a delivery order under an existing indefinite delivery/indefinite quantity (ID/IQ) contract awarded in August 2016. The Pentagon awarded more than USD1.5 billion in funding for the first 21 C-130Js on this third multiyear award.
Lockheed Martin spokesperson Stephanie Stinn on 13 January said the United States will fund Lockheed Martin incrementally by fiscal acquisition year of the various aircraft type for this deal. She deferred further questions. Aircraft purchased through this multiyear contract will be delivered between 2021 and 2025 and will be built at Lockheed Martin's facility in Marietta, Georgia.
The overall multiyear III contract, worth more than USD3 billion, provides Hercules aircraft to the US Air Force (USAF; 24 HC/MC-130Js), US Marine Corps (USMC; 20 KC-130Js), and USCG (options for six HC-130Js).
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