December 2, 2020 | International, Aerospace
Lockheed Martin receives USD1.4 billion for FMS C-130J work
by Gareth Jennings Lockheed Martin has been awarded USD1.4 billion to support future Foreign Military Sales (FMS) work on the C-130J Hercules through to 30 November 2030. The indefinite delivery/indefinite quantity (IDIQ) contract, which was announced by the US Department of Defense (DoD) on 30 November, covers FMS sustainment and support work related to the four-engined airlifter built at the company's Marietta facility in Georgia. “Services include programme management support, spares, supply support services, support equipment, diminishing manufacturing sources, sustaining engineering services, sustaining engineering/technical services, field services representatives, logistics service representatives, technical order updates, technical order print and distribution, country standard time compliance technical orders and depot maintenance,” the DoD said. The DoD added that the sole-source acquisition involves 100% FMS funding, but that no funds have yet been obligated. This award follows an IDIQ agreement for USD15 billion signed earlier in 2020 to support all remaining domestic and FMS C-130J Hercules work through to 16 July 2030, which itself followed an earlier USD10 billion deal from 2016. https://www.janes.com/defence-news/news-detail/lockheed-martin-receive-usd14-billion-for-fms-c-130j-work