US Air Force looks to replace C-130E aircraft

August 26, 2008 by Dagpotter · 1 Comment
Filed under: Federal Budget Process, Lockheed Martin, Military Aviation, Proposal, U.S. Air Force, U.S. Marine Corps, production program 

The US Air Force has begun talks with Lockheed Martin on executing a multi-year procurement contract for C-130J aircraft. These would replace the Air Forces and other Service’s current inventory of C-130E Hercules. The contract could be for up to 110 aircraft and have a value over time of $6 B. Multi-year procurements must be authorized by Congress and they are typically done for aircraft and other large systems in order to save money over time.

For more see The Guardian’s Business Feed.

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Army awards option for UH-60 aircraft

March 9, 2008 by Dagpotter · Comment
Filed under: Contract Awards, Sikorsky, U.S. Army, production program 

The Hartford Courant announced that Sikorsky was awarded a contract option for 6 UH-60M and 2 HH-60.  This is probably a FMS option, but no details were given.  Usually the full years of aircraft are bought in the Fall after Congress passes the Defense Appropriation Bill.  An incremental award during the Fiscal Year may be due to FMS or the receipt of supplemental funding.  A key part of any defense procurement contract is that the more you buy in a year the cheaper they are, so it also might be to get the Army a price break.

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