Lockheed close to multiyear deal for 83 C-130Js

Lockheed Martin spokesman Joe LaMarca told Reuters that his company has reached a verbal agreement with the U.S. Air Force on a five-year contract to build 83 C-130Js for the Air Force, Coast Guard and Marine Corps.

175th Wing - C-130 Hercules Warfield Air National Guard Base Maryland
By United States Air Force [Public domain], via Wikimedia Commons

The negotiations took two years and there were no details on the savings involved.

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