Monday, 22 August 2016

Lockheed lands $10bn contract to support C-130J production program

The US-based defense giant Lockheed Martin has been awarded an IDIQ contract with a not-to-exceed ceiling of $10,020,000,000 to support the C-130J production program. This is a cumulative ceiling to cover all future delivery orders within scope of this contract, the US Department of Defense announced on August 19.
The Lockheed Martin C-130J production line in Marietta, Georgia
(Credit: Lockheed Martin)
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