Lockheed Martin Delivers First C-130J-30 Super Hercules To The Georgia Air National Guard
Portfolio Pulse from Benzinga Newsdesk
Lockheed Martin (NYSE:LMT) delivered the first of eight C-130J-30 Super Hercules aircraft to the Georgia Air National Guard. The 165th Airlift Wing, based in Savannah, Georgia, will operate the new fleet, which offers enhanced capabilities compared to previous models. The C-130J-30 is a stretched version of the C-130J with additional cargo space. This delivery also marks the first U.S. Air Force C-130J-30 to receive the Block 8.1 configuration, improving interoperability with features like a new flight management system. The aircraft represents a significant investment in the Georgia economy, with a $2 billion annual impact and support from 18 Georgia-based suppliers. Lockheed Martin's Marietta facility, employing over 5,500 Georgians, is responsible for the production of these aircraft.
January 22, 2024 | 6:39 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Lockheed Martin has delivered the first C-130J-30 Super Hercules to the Georgia Air National Guard, with seven more to follow. This event underscores the company's ongoing commitment to the C-130 program and its economic impact on the state of Georgia.
The delivery of the first C-130J-30 Super Hercules is a positive development for Lockheed Martin, showcasing the company's ability to fulfill contracts and contribute to the U.S. military's capabilities. This news may be viewed favorably by investors, as it reflects the company's strong relationship with the military and its role in national defense. The economic impact on Georgia and the involvement of local suppliers also highlight the importance of Lockheed Martin to the regional economy, which could further bolster investor confidence in the company's stability and growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100