Lockheed Martin Gets $15 Billion Contract From US Air Force for C-130J Aircraft
July 17 2020 - 6:04PM
Dow Jones News
By Stephen Nakrosis
Lockheed Martin Corp. was awarded a $15 billion contract by the
U.S. Air Force to develop, retrofit and produce variants of its
C-130J transport aircraft, the Pentagon said Friday.
The contract "involves Foreign Military Sales and is the result
of a sole-source acquisition," the Pentagon said.
Work will be performed at Lockheed's facility in Marietta, Ga.,
with completion expected in 2030, according to the Pentagon.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 17, 2020 17:49 ET (21:49 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Lockheed Martin (NYSE:LMT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Lockheed Martin (NYSE:LMT)
Historical Stock Chart
From Apr 2023 to Apr 2024
