Lockheed Martin Secures $1.9 Billion Contract for C-130J Maintenance and Training Program
Lockheed Martin (LMT) has secured a $1.9 billion contract with the Pentagon to continue the C-130J Maintenance and Aircrew Training System program. The sole-source, IDIQ agreement spans ten years and aims to ensure uninterrupted training and support for military transport aircraft crews. The contract is expected to have a positive impact on the company's revenue and operations.
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Topics: Aircrew Training System C-130J Maintenance defense contracts Lockheed Martin