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Lockheed Martin announces $3 billion deal for 50 C-130J Super Hercules aircraft

Christian Fernsby |
Lockheed Martin announced the start of a $3 billion contract yesterday to deliver 50 C-130J Super Hercules planes to the U.S. government.

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The Defense Department awarded $1.5 billion for delivery of the first 21 planes, the company said of the multi-year deal finalized at the end of December.

In all, the Air Force will receive 24 MC/HC-130J troop-carrying and search and rescue planes, the Coast Guard will receive six HC-130Js, and the Marine Corps will receive 20 KC-130J tanker refueling planes.