lockheedmartin.com

MARIETTA, Ga., April 28th, 2011 -- Lockheed Martin [NYSE: LMT] has received an Undefinitized Contract Action from the U.S. Government for the Foreign Military Sale of an additional C 130J to Israel, with funding for advanced procurement items for a third aircraft.

Israel ordered its first C-130J in April 2010 and will receive that aircraft in spring 2013. The next two aircraft will be delivered in late 2013 and late 2014 respectively. The contract also covers a number of items to meet Israel’s unique operational requirements. The Israeli Air Force’s new Super Hercules are the longer fuselage or "stretched" variant of the C-130J.

“We are providing Israel with the most flexible and capable airlifter in the world as that country continues to expand its advanced airlift fleet. The proven multi-role and multi-mission capability and performance of the C-130J are ideally suited to the unique requirements of the Israeli Air Force,” said Jim Grant, Lockheed Martin vice president of Business Development for Air Mobility.

Israel’s aircraft are being modified during production with non-developmental items, which include an Enhanced Service Life center wing, two embedded Global Positioning Systems and a Universal Aerial Refueling Receptacle Slipway Installation aerial refueling system.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation’s 2010 sales from continuing operations were $45.8 billion.