The Air Force Life Cycle Management Agency at Wright-Patterson AFB, Ohio, has awarded Lockheed Martin a contract worth up to $10 billion for the production of all future C130J aircraft delivery orders, including foreign military sales. Work will be completed at Lockheed’s Marietta, Ga., facility and is slated for completion by Aug. 18, 2026. Roughly $14 million from the Fiscal 2014-2016 aircraft procurement funds are being obligated at the time of award for the first delivery order, according to the contract announcement.
Congress Unveils $150B in New Defense Spending for 2025
April 28, 2025
The heads of the House and Senate Armed Services committees have unveiled a plan for $150 billion in new defense spending, as part of a massive planned package meant to advance President Donald Trump’s agenda. The proposed bill would inject several billion dollars into major Air Force priorities like nuclear modernization, aircraft…