Tunisia Orders Lockheed Martin C-130J Super Hercules Airlifters — Press Release
Filed under: Business Line, Companies, Events, Lockheed Martin, Press Releases
Tunisia Orders Lockheed Martin C-130J Super Hercules Airlifters
MARIETTA, Ga., March 2 /PRNewswire-FirstCall/ — The government of Tunisia has signed a contract with Lockheed Martin (NYSE:LMT) for the purchase of two C-130J Super Hercules airlifters with an initial three years of logistics support. Tunisia’s new C130Js, scheduled to be delivered in 2013 and 2014, will be the longer fuselage or “stretched” variant of the C-130J.
A contract signing ceremony took place at the Tunisian Ministry of National Defense (MND) in Tunis last month. During the ceremony, Abdellatif Chebbi, Tunisia MND chief of Cabinet, conveyed his appreciation for the successful conclusion of the negotiations and praised the capabilities and flexibility of the C-130J-30 aircraft. In addition, Dennys Plessas, Lockheed Martin regional vice president of Business Development, welcomed the Tunisian Air Force to the growing worldwide Super Hercules family.
“Tunisia is the 12th country to select the C-130J Super Hercules,” said Jim Grant, Lockheed Martin vice president of business development for Air Mobility. “More and more, as countries recognize and appreciate the proven qualities of this tremendously flexible platform, we are seeing it become the preferred airlift option.”
Tunisia currently operates a fleet of C-130Hs and C-130Bs, first purchased in the mid-1980s. The new C-130Js will support Tunisian operations across the mission spectrum, including relief efforts around the world, firefighting and traditional airlift sorties.
Other nations which are operating, or have ordered, the C-130J include Australia, Canada, Denmark, India, Iraq, Italy, Norway, Oman, Qatar, the United Kingdom and the United States.
The C-130J has become the standard by which all other airlift is measured in terms of availability, flexibility and reliability. C-130Js are currently deployed in two combat theaters and are operating at a very high tempo efficiently and reliably. In non-combat, but equally harsh environments, the C-130Js are often now the first to support humanitarian and disaster relief efforts.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 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 2009 sales of $45.2 billion.
For additional information, visit our website: http://www.lockheedmartin.com/
Source: Lockheed Martin Aeronautics Company
Tunisia Orders Lockheed Martin C-130J Super Hercules Airlifters
Tunisia Orders Lockheed Martin C-130J Super Hercules AirliftersMarch 2, 2010 9:50:00 AM
MARIETTA, Ga., -- The government of Tunisia has signed a contract with Lockheed Martin (NYSE: LMT) for the purchase of two C-130J Super Hercules airlifters with an initial three years of logistics support. Tunisia's new C130Js, scheduled to be delivered in 2013 and 2014, will be the longer fuselage or "stretched" variant of the C-130J.
A contract signing ceremony took place at the Tunisian Ministry of National Defense (MND) in Tunis last month. During the ceremony, Abdellatif Chebbi, Tunisia MND chief of Cabinet, conveyed his appreciation for the successful conclusion of the negotiations and praised the capabilities and flexibility of the C-130J-30 aircraft. In addition, Dennys Plessas, Lockheed Martin regional vice president of Business Development, welcomed the Tunisian Air Force to the growing worldwide Super Hercules family.
"Tunisia is the 12th country to select the C-130J Super Hercules," said Jim Grant, Lockheed Martin vice president of business development for Air Mobility. "More and more, as countries recognize and appreciate the proven qualities of this tremendously flexible platform, we are seeing it become the preferred airlift option."
Tunisia currently operates a fleet of C-130Hs and C-130Bs, first purchased in the mid-1980s. The new C-130Js will support Tunisian operations across the mission spectrum, including relief efforts around the world, firefighting and traditional airlift sorties.
Other nations which are operating, or have ordered, the C-130J include Australia, Canada, Denmark, India, Iraq, Italy, Norway, Oman, Qatar, the United Kingdom and the United States.
The C-130J has become the standard by which all other airlift is measured in terms of availability, flexibility and reliability. C-130Js are currently deployed in two combat theaters and are operating at a very high tempo efficiently and reliably. In non-combat, but equally harsh environments, the C-130Js are often now the first to support humanitarian and disaster relief efforts.
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C-130 Hercules, Lockheed Martin (NYSE:LMT)
Oshkosh Defense Receives Award to Integrate Camera Systems on M-ATVs — Press Release
Filed under: Business Line, Companies, Contract Awards, Events, Oshkosh Truck Corp, Services, U.S. Army, logistics, production program
Oshkosh Defense Receives Award to Integrate Camera Systems on M-ATVs
OSHKOSH, Wis. — Oct. 2, 2009 — Oshkosh Corporation (NYSE:OSK) announced today its Defense Segment received a $33 million award from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to supply a rear-mounted camera system on more than 2,200 MRAP All Terrain Vehicles (M-ATV) to provide improved situational awareness for vehicle occupants.
“We are pleased to work with our customer to provide this vehicle upgrade for the benefit of the U.S. Armed Forces in Afghanistan,” said Ken Juergens, M-ATV program director for Oshkosh Defense. “The advanced M-ATV provides exceptional mobility and protection capabilities, and this technology will help the vehicle’s crew better survey their surroundings as they navigate Afghanistan’s harsh environments.”
The camera system, which integrates with existing vehicle video displays, provides a 40-degree vertical and 54-degree horizontal field of view. The system uses an infrared camera core in an LED-equipped tailgate assembly and provides visibility through dust, obscurants and incremental weather in day and night operations.
Oshkosh is a longtime, proven manufacturer of next-generation vehicles and can incorporate advanced technologies into each vehicle platform it manufactures. The company has delivered its M-ATV requirements ahead of schedule every month and will ramp up production to 1,000 vehicles per month in December. The company’s highly skilled workforce uses an advanced integrated assembly line and has simultaneously produced as many as 10 vehicle models with 29 variations.
To date, Oshkosh has received awards totaling $2.3 billion for 4,296 M-ATVs. The vehicle uses the Oshkosh TAK-4® independent suspension system to provide superior off-road mobility, which includes a 70 percent off-road profile capability and 16 inches of independent wheel travel. The TAK-4 system has undergone more than 400,000 miles of government testing and is used on more than 10,000 Medium Tactical Vehicle Replacements (MTVR), as well as the Marine Corps’ Logistics Vehicle System Replacement (LVSR) and the Army’s Palletized Load System (PLS A1).
Oshkosh Defense teamed with Plasan North America to provide an advanced armor solution for the M-ATV. Plasan also developed the armor system used on more than 5,000 legacy MRAPs and thousands of Oshkosh MTVR Armored Cabs already in theater.
About Oshkosh Defense
Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, BAI™, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshcorporation.com.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
# # #
Forward-Looking Statements
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the consequences of financial leverage associated with the JLG acquisition, including the level of the Company’s borrowing costs, the increased interest rates the Company would face if it experienced a deterioration or downgrade in credit agency ratings and the Company’s ability to maintain compliance with its financial covenants under its credit agreement; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; risks related to the required increase in the rate of production for the M-ATV and FMTV contracts, and the amount, if any, of additional orders for M-ATVs and/or FMTVs that the Company may receive; the outcome of the formal protests of the FMTV award to the Company: the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof; risks related to reductions in government expenditures and the uncertainty of government contracts; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; risks related to the collectibility of receivables during a recession, particularly for those businesses with exposure to construction markets; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any duty, to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Kaman receives Marine Corps deal for demo
BLOOMFIELD, Conn., Sept. 4 (UPI) -- The U.S. Marine Corps has contracted Kaman Corp. to demonstrate its unmanned helicopter system designed to deliver cargo to troops in harsh environments.
American Science and Engineering, Inc. Receives Multimillion Dollar Order for Two ZBV Systems from a Middle East Customer for Counterterrorism Applications
Filed under: Syndicated Industry News
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