Lockheed Martin Secures $1.9B Air Force Contract

Dow Jones

Mar 04

By Kelly Cloonan

Lockheed Martin received a $1.9 billion contract with the U.S. Air Force to continue providing training products and services.

The Defense Department said Tuesday the indefinite delivery, indefinite quantity contract is for the C-130J Maintenance and Training System IV, a program that has long employed Lockheed Martin's services.

The contract consists of one five-year base ordering period and one five-year option period, with an additional three years for the completion of all deliveries, the Defense Department said.

Work will be performed across bases in a number of U.S. states, as well as Germany and Japan. It is expected to be completed by Feb. 28, 2039.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

March 03, 2026 18:31 ET (23:31 GMT)

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It is expected to be completed by Feb. 28, 2039. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 03, 2026 18:31 ET (23:31 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}