:

Air Force

Air Force Awards Lockheed Martin $1.5 Billion For C-130Js

Pat Host

Friday, March 25th, 2016

SHARE:

Air Force Awards Lockheed Martin $1.5 Billion For C-130Js

An AC-130J taxis the runway for its first official sortie Jan. 31, 2014, at Eglin AFB, Fla. Photo: Air Force.

The Air Force on Thursday awarded Lockheed Martin [LMT] a $1.5 billion contract modification for C-130J multi-year production aircraft, according to a Defense Department statement.The modification to previously awarded contract FA8625-14-C-6450 is to fully fund and subsume advance procurement funding for long-lead items previously awarded via modification P0004 associated with 28 fiscal year 2016 C-130J aircraft. This supports 14 C-130J, five HC-130J, one MC-130J and seven MC-130J.Work is expected to be completed by July 31, 2019.

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]