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Lockheed gets $167M C-130 upgrade contract

Bethesda-based Lockheed Martin Corp. (NYSE: LMT) has been awarded a $167 million U.S. Air Force contract to develop a new block upgrade for the C-130J Super Hercules transport plane.

The enhancement, called Block 8.1, contains both software and hardware capability expansion.

It will be installed on all U.S. government C-130Js and C-130Js of operator countries that select the upgrade. The C-130J fleet is currently flying with the Block 6.0 configuration, while the Block 7.0 configuration is in flight trials.

C-130J aircraft are currently in production for the U.S. Air Force and Marine Corps, Iraq, Israel, Republic of Korea, Kuwait, Oman and Tunisia. C-130Js are also flown by Australia, Canada, Denmark, India, Italy, Norway, Qatar, the United Kingdom and the U.S. Coast Guard.

Emergency guide: What you should do to prepare for emergencies

WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
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