Wednesday, February 22, 2012

Lockheed Martin receives USAF contract for a third C-130J-30 for Israel

U.S. Air Force has awarded Lockheed Martin a US$58.3 million firm-fixed-price contract for a not-to-exceed option exercise for the acquisition of a third C-130J-30 aircraft for the government of Israel minus the planning and advance long lead procurement of aircraft components to support the third Israeli aircraft, which was previously authorized under another undefinitized contract action. Work is expected to be completed by Nov. 30th, 2014. (Source: U.S. Department of Defense)