Lockheed Martin To Deliver 50 C-130Js to U.S. Government via Multiyear III Award

Lockheed Martin's C-130 Super Hercules production line in Marietta, Georgia. The U.S. government ordered 50 more C-130Js on Dec. 30. The multiyear contract, worth $3.4 billion, provides 24 HC/MC-130Js to the U.S. Air Force, 20 KC-130Js for the U.S. Marine Corps and and options for six HC-130Js for the U.S. Coast Guard. (PRNewsfoto/Lockheed Martin Aeronautics Com)

Multiyear III provides Super Hercules aircraft for U.S. Air Force, Marine Corps, Coast Guard

MARIETTA, Ga., Jan. 13, 2020 /PRNewswire/ — Lockheed Martin (NYSE: LMT) will deliver 50 C-130J Super Hercules to the U.S. government through a C-130J Multiyear III award, which was finalized by the U.S. government on Dec. 27, 2019. The award comes as a delivery order under an existing Indefinite Delivery Indefinite Quantity contract awarded in August 2016.