(NSI News Source Info) MARIETTA, Ga – February 19, 2009: On Feb. 17, The Italian Ministry of Defense has confirmed that Lockheed Martin has met the industrial benefit requirement associated with Italy's acquisition of 22 C-130J aircraft five years ahead of schedule. As a result of Lockheed Martin’s completion of this commitment, more than 70 partnerships within Italy's industrial community were implemented. These projects are projected to provide in excess of $2 billion in long-term economic impact to the Italian economy. 
The largest operator of the new model will be the U.S. Air Force, which is ordering the aircraft in increasing numbers. Current operators of the C-130J are the USAF (to include the Air Force Reserve Command and the Air National Guard), U.S. Marine Corps, U.S. Coast Guard, Royal Air Force, Royal Australian Air Force, Danish Air Force, Royal Norwegian Air Force and the Italian Air Force. Total procurement of C-130J aircraft has reached 186 orders as of December 2006.
Lockheed Martin has offered to lease four C-130Js to the German Luftwaffe, which has been awaiting a Transall replacement set for 2010 (the Airbus A400M), but the deal was rejected.
The Indian Air Force purchased six C-130Js in early 2008 at a cost of up to US$ 1.059 billion. It is a package deal with the US government under its Foreign Military Sales (FMS) program, and India has retained options to buy six more of these aircraft for its special forces for combined army-air force operations.
The Canadian Forces signed a US$1.4 billion contract with Lockheed Martin for 17 new C-130J-30s on 16 January 2008, as part of the procurement process to replace the existing CC-130E and H models. The C-130J will be officially designated CC-130J Hercules in Canadian Forces service.
The Royal Norwegian Air Force has decided to purchase four C-130Js to reinforce their transport capacity when it was discovered that their forty-year-old C-130s were unserviceable during a wing change. The first aircraft was delivered in November 2008.
The Government of Qatar has also placed an order for four C-130Js, spare parts and training for the Qatari Emiri Air Force for a total of US$393.6 million. Deliveries are scheduled to begin in 2011.
The Iraqi Air Force has requested six new C-130J-30s, while the Israeli Air Force is seeking to purchase nine C-130J-30s.
"The work resulting from this industrial return requirement represents yet another positive milestone in Lockheed Martin’s longstanding relationship with Italy and the Aeronautica Militare. Lockheed Martin is proud of the partnerships it has created with the Italian industrial community and looks forward to opportunities to further develop and enhance these relationships," said Ross Reynolds, Lockheed Martin vice president for C-130 programs.
A majority of the projects associated with the Lockheed Martin-Italy industrial return requirement have involved a wide range of Italian companies, including small and medium-sized enterprises. Initiatives included technology transfers, establishment of licenses or direct investment by Lockheed Martin within Italian industry.
"Over the past 40 years, Lockheed Martin has completed more than $40 billion in industrial benefits in more than 37 nations, and we're extremely proud that we have achieved this mutually beneficial accomplishment with Italy," said Larry McQuien, Lockheed Martin Aeronautics’ vice president for Business Ventures.
Lockheed Martin's C-130 program has a 35-year history with Italy and the Aeronautica Militare. In 1997, the Aeronautica Militare became one of the first customers to purchase and fly the C-130J and its crews have flown over 75,000 flight hours with their fleet ─ contributing significantly to the worldwide total of more than a half-million C-130J flight hours. The strong aeronautical relationship between Italy and Lockheed Martin is continuing in the F 35 Lightning II Joint Strike Fighter program.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 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 2008 sales of $42.7 billion.
The largest operator of the new model will be the U.S. Air Force, which is ordering the aircraft in increasing numbers. Current operators of the C-130J are the USAF (to include the Air Force Reserve Command and the Air National Guard), U.S. Marine Corps, U.S. Coast Guard, Royal Air Force, Royal Australian Air Force, Danish Air Force, Royal Norwegian Air Force and the Italian Air Force. Total procurement of C-130J aircraft has reached 186 orders as of December 2006.
Lockheed Martin has offered to lease four C-130Js to the German Luftwaffe, which has been awaiting a Transall replacement set for 2010 (the Airbus A400M), but the deal was rejected.
The Indian Air Force purchased six C-130Js in early 2008 at a cost of up to US$ 1.059 billion. It is a package deal with the US government under its Foreign Military Sales (FMS) program, and India has retained options to buy six more of these aircraft for its special forces for combined army-air force operations.
The Canadian Forces signed a US$1.4 billion contract with Lockheed Martin for 17 new C-130J-30s on 16 January 2008, as part of the procurement process to replace the existing CC-130E and H models. The C-130J will be officially designated CC-130J Hercules in Canadian Forces service.
The Royal Norwegian Air Force has decided to purchase four C-130Js to reinforce their transport capacity when it was discovered that their forty-year-old C-130s were unserviceable during a wing change. The first aircraft was delivered in November 2008.
The Government of Qatar has also placed an order for four C-130Js, spare parts and training for the Qatari Emiri Air Force for a total of US$393.6 million. Deliveries are scheduled to begin in 2011.
The Iraqi Air Force has requested six new C-130J-30s, while the Israeli Air Force is seeking to purchase nine C-130J-30s.
"The work resulting from this industrial return requirement represents yet another positive milestone in Lockheed Martin’s longstanding relationship with Italy and the Aeronautica Militare. Lockheed Martin is proud of the partnerships it has created with the Italian industrial community and looks forward to opportunities to further develop and enhance these relationships," said Ross Reynolds, Lockheed Martin vice president for C-130 programs.
A majority of the projects associated with the Lockheed Martin-Italy industrial return requirement have involved a wide range of Italian companies, including small and medium-sized enterprises. Initiatives included technology transfers, establishment of licenses or direct investment by Lockheed Martin within Italian industry.
"Over the past 40 years, Lockheed Martin has completed more than $40 billion in industrial benefits in more than 37 nations, and we're extremely proud that we have achieved this mutually beneficial accomplishment with Italy," said Larry McQuien, Lockheed Martin Aeronautics’ vice president for Business Ventures.
Lockheed Martin's C-130 program has a 35-year history with Italy and the Aeronautica Militare. In 1997, the Aeronautica Militare became one of the first customers to purchase and fly the C-130J and its crews have flown over 75,000 flight hours with their fleet ─ contributing significantly to the worldwide total of more than a half-million C-130J flight hours. The strong aeronautical relationship between Italy and Lockheed Martin is continuing in the F 35 Lightning II Joint Strike Fighter program.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 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 2008 sales of $42.7 billion.
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