Lockheed Wins 10-Year, $10 Billion Contract for C-130J Production

(Source: U.S. Department of Defence; issued August 19, 2016)

Lockheed Martin Aeronautics Co. - Lockheed Martin Corp., Marietta, Georgia, has been awarded an indefinite-delivery/indefinite-quantity contract with a not-to-exceed ceiling of $10,020,000,000.

This is a cumulative ceiling to cover all future delivery orders within scope of this contract. Contractor will support the C-130J production program.

Work will be performed at Marietta, Georgia, and is expected to be complete by Aug. 18, 2026. This contract involves foreign military sales.

This award is the result of a sole-source acquisition. Fiscal 2014, 2015 and 2016 aircraft procurement funds in the amount of $14,231,322 are being obligated on the first delivery order at the time of award.

Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8625-16-D-6458).

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