Lockheed Martin Corp. (NYSE: LMT) could see billions come its way in the next five years for its C-130J transport aircraft, securing a contract Friday worth up to $10 billion for about 100 of the planes. The award was an indefinite-delivery/indefinite-quantity (IDIQ) contract vehicle. That means the $10 billion isn’t money going to Bethesda-based Lockheed, but rather a ceiling that customers can make purchases against. This contract allows the U.S. government to purchase C-130J aircraft up until…
from http://www.bizjournals.com/baltimore/news/2016/08/23/air-force-contract-for-lockheed-built-c-130j.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/149365521732
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