Lockheed Martin Awarded Contract For Kuwait Air Force KC-130J Tankers

MARIETTA, Ga., 05/27/2010 -- Lockheed Martin [NYSE: LMT] has received a $245 million contract from the U.S. Government for the Foreign Military Sale of three KC 130J tanker aircraft to Kuwait. The program will be managed by the U.S. Navy.

The Kuwait Air Force's new KC-130Js will provide aerial refueling for its F 18 fleet and augment its current airlift fleet of three Lockheed Martin L-100s. Kuwait's KC-130Js also will perform air mobility, disaster relief and humanitarian missions throughout the world.

"We are proud to add yet another country to the growing worldwide C-130J community," said Jim Grant, Lockheed Martin vice president for C-130 business development. "The combination of tanking and airlift missions yet again shows the tremendous versatility of this proven aircraft. KC-130Js have been used in high-tempo operations for the last five years and will provide Kuwait with an effective, efficient and reliable multi-mission capability."

Kuwait's first KC-130J delivery is scheduled for late 2013, with deliveries completed in early 2014. Using only wing and external tanks, the KC-130J has a 57,500 pound fuel offload capability. The KC 130J is configured to accept a fuselage tank, adding another 24,392 pounds of available fuel. The standard probe-and-drogue configuration of the KC 130J is suited for both fixed and rotary wing aircraft. In addition to aerial and ground refueling, the KC-130J has the same airlift capability as non-tanker variants — including airdrop and paradrop.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 136,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion.

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