Lockheed Martin Welcomes Egypt to the C-130J Super Hercules Fleet

Rhea-AI Summary

Lockheed Martin (NYSE: LMT) has announced the delivery of two C-130J-30 Super Hercules tactical airlifters to the Egyptian Air Force through a Foreign Military Sale with the U.S. Air Force. This makes Egypt the 23rd nation to join the worldwide Super Hercules operating community. The C-130J-30 offers enhanced capability, versatility, and power to Egyptian crews, complementing their existing large C-130H fleet.

Egypt joins seven other Middle East North Africa (MENA) operators that have chosen the C-130J. The Super Hercules leads in tactical airlift missions, with over 545 C-130Js delivered and the global fleet surpassing 3 million flight hours. Key advantages include proven operational readiness, increased reliability, superior tactical airlift capabilities, and enhanced survivability.

Positive

• Expansion of customer base with Egypt becoming the 23rd nation to operate C-130J Super Hercules
• Strengthening presence in the Middle East North Africa (MENA) region
• Delivery of two C-130J-30 Super Hercules tactical airlifters to Egyptian Air Force
• Over 545 C-130Js delivered globally, with fleet surpassing 3 million flight hours

Negative

• None.

News Market Reaction

-1.08%

1 alert

-1.08% News Effect

On the day this news was published, LMT declined 1.08%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

EL ALAMEIN, Egypt, Sept. 5, 2024 /PRNewswire/ -- The Egyptian Armed Forces announced today at the Egypt International Air Show that Lockheed Martin (NYSE: LMT) will deliver two C-130J-30 Super Hercules tactical airlifters to the Egyptian Air Force (EAF) through a Foreign Military Sale (FMS) with the U.S. Air Force. Egypt is the 23rd nation to join the worldwide Super Hercules operating community.

Egypt is the 23rd nation to join the Super Hercules fleet with the acquisition of two C-130J-30 tactical airlifters.

As the most advanced and proven tactical airlifter in the world, the C-130J-30 delivers enhanced capability, additional versatility and increased power to EAF crews. Egypt operates one of the world's largest C-130H fleets, which has a significant presence in the Middle East North Africa (MENA) region, supporting military, peacekeeping, humanitarian and natural disaster response mission requirements. Egypt joins seven MENA operators that have chosen the C-130J as a preferred medium-sized tactical airlifter and tanker.  

"Egypt is a distinguished C-130 operator, flying its Hercules fleet to support some of the most challenging mission requirements," said Rod McLean, vice president and general manager of Lockheed Martin's Air Mobility & Maritime Missions line of business. "Welcoming Egypt to the C-130J Super Hercules global fleet is an honor that truly represents the longstanding partnership between our two nations and with Lockheed Martin. With these new C-130J-30s, the Egyptian Air Force's tactical airlift presence will deliver unmatched capabilities and aligned force amplification to serve Egypt, North Africa and the world."

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 many advantages found in no other medium-sized tactical airlifter in production or operation today. To date, Lockheed Martin has delivered more than 545 C-130Js and the Super Hercules global fleet has surpassed more than 3 million flight hours.

Super Hercules 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 partner nations, 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.

 

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SOURCE Lockheed Martin Aeronautics

FAQ

How many C-130J-30 Super Hercules aircraft is Lockheed Martin (LMT) delivering to Egypt?

Lockheed Martin (LMT) is delivering two C-130J-30 Super Hercules tactical airlifters to the Egyptian Air Force.

What is the significance of Egypt joining the C-130J Super Hercules fleet for Lockheed Martin (LMT)?

Egypt becoming the 23rd nation to join the C-130J Super Hercules fleet expands Lockheed Martin's (LMT) customer base and strengthens its presence in the Middle East North Africa (MENA) region.

How many C-130J Super Hercules aircraft has Lockheed Martin (LMT) delivered globally?

Lockheed Martin (LMT) has delivered more than 545 C-130J Super Hercules aircraft globally.

What is the total flight hours achieved by the C-130J Super Hercules fleet operated by Lockheed Martin (LMT) customers?

The C-130J Super Hercules global fleet operated by Lockheed Martin (LMT) customers has surpassed 3 million flight hours.