STOCK TITAN

Global Super Hercules Fleet Grows with Delivery of First C-130J to New Zealand

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Lockheed Martin (NYSE: LMT) has delivered the first of five C-130J Super Hercules tactical airlifters to the New Zealand Ministry of Defence and New Zealand Defence Force. This marks the beginning of a new era in tactical airlift capability for New Zealand, replacing their aging C-130H fleet. The Royal New Zealand Air Force's 40 Squadron will operate the new C-130Js, which represent one of the most advanced configurations of the Super Hercules ever produced.

The C-130J offers increased allied alignment, greater reach, enhanced capabilities, and proven performance for demanding tactical airlift operations. Key advantages include operational readiness, increased reliability, superior tactical airlift and combat airdrop capabilities, and enhanced survivability. The aircraft also provides unmatched interoperability with NATO and global air forces, along with verified low life-cycle costs and significant fuel savings, resulting in a reduced carbon footprint compared to other medium-sized jet airlifters.

Loading...
Loading translation...

Positive

  • Delivery of the first C-130J Super Hercules to New Zealand, with four more to follow
  • Enhanced capabilities and performance for tactical airlift operations
  • Increased interoperability with NATO and global air forces
  • Lower life-cycle costs and improved fuel efficiency compared to other medium-sized jet airlifters

Negative

  • None.

News Market Reaction 1 Alert

-0.01% News Effect

On the day this news was published, LMT declined 0.01%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

The Royal New Zealand Air Force will operate a total of five C-130Js

MARIETTA, Ga., Aug. 9, 2024 /PRNewswire/ -- A new era of tactical airlift capability for New Zealand has officially begun with Lockheed Martin (NYSE: LMT) delivering the first of five C-130J Super Hercules tactical airlifters to the New Zealand Ministry of Defence and New Zealand Defence Force during a ceremony at the Lockheed Martin's facility in Marietta, Georgia, on Aug. 8.

For almost six decades, the Royal New Zealand Air Force's (RNZAF) C-130Hs have served as essential first-response resources for New Zealand and the entire Indo-Pacific region. Crews from 40 Squadron located at RNZAF Base Auckland, Whenuapai, will operate the new C-130Js, representing one of the most advanced configurations of the Super Hercules ever produced.

"From supporting humanitarian and disaster relief operations to partnering with allies in military operations, New Zealand's C-130s are truly a global force for good," said Rod McLean, vice president and general manager of Lockheed Martin's Air Mobility & Maritime Missions line of business. "The RNZAF's new C-130J fleet will continue to support these critical missions while offering New Zealand increased allied alignment, greater reach, enhanced capabilities and proven performance for some of the most demanding tactical airlift operational requirements."

New Zealand officials announced the intent to modernize its existing fleet of five C-130Hs with five C-130J-30 variants in 2020 via a Foreign Military Sale with the U.S. Air Force. A joint project team with personnel from New Zealand's Ministry of Defence and the New Zealand Defence Force have worked alongside the U.S. Air Force and Lockheed Martin to manage the aircraft delivery and training programs.

Always evolving, continually innovating and ready for what's next, the Super Hercules leads the charge by setting standards and shaping the future of tactical airlift missions, offering a multitude of advantages found in no other medium-sized tactical airlifter in production or operation today.

These discriminators include proven operational readiness with the greatest ease of transition, increased reliability, superior tactical airlift and combat airdrop capabilities, certification by more than 20 airworthiness authorities, and enhanced survivability. The C-130J also delivers unmatched interoperability with NATO and global air forces, robust industrial partnerships and verified low life-cycle costs with significant fuel savings resulting in a reduced carbon footprint compared to other medium-sized jet airlifters.

See how and why the C-130J continues to be the worldwide choice in tactical airlift through the newest episode of "Into the Cockpit" on Lockheed Martin's YouTube channel, which offers exclusive behind-the-scenes access to the Super Hercules.  

For more information, visit www.lockheedmartin.com/c130.  

About Lockheed Martin 
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/global-super-hercules-fleet-grows-with-delivery-of-first-c-130j-to-new-zealand-302218599.html

SOURCE Lockheed Martin Aeronautics

FAQ

How many C-130J Super Hercules aircraft is New Zealand receiving from Lockheed Martin (LMT)?

New Zealand is receiving a total of five C-130J Super Hercules tactical airlifters from Lockheed Martin (LMT).

When was the first C-130J Super Hercules delivered to New Zealand by Lockheed Martin (LMT)?

The first C-130J Super Hercules was delivered to New Zealand by Lockheed Martin (LMT) on August 8, 2024.

Which Royal New Zealand Air Force squadron will operate the new C-130J Super Hercules aircraft from Lockheed Martin (LMT)?

The 40 Squadron of the Royal New Zealand Air Force, located at RNZAF Base Auckland, Whenuapai, will operate the new C-130J Super Hercules aircraft.

What are some key advantages of the C-130J Super Hercules delivered by Lockheed Martin (LMT) to New Zealand?

Key advantages include increased allied alignment, greater reach, enhanced capabilities, proven performance, operational readiness, increased reliability, superior tactical airlift and combat airdrop capabilities, and enhanced survivability.
Lockheed Martin

NYSE:LMT

LMT Rankings

LMT Latest News

LMT Latest SEC Filings

LMT Stock Data

115.02B
231.22M
0.08%
75.59%
0.9%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States
BETHESDA