x Abu Dhabi, UAEMonday 23 October 2017

Lockheed nails $8bn US defence contract

Deal will support the army's Green Berets, Rangers as well as navy Seals

A Lockheed C-130 Hercules takes off for a test flight.  The firm has won a major US defence contract Tomasz Koryszko / EPA
A Lockheed C-130 Hercules takes off for a test flight. The firm has won a major US defence contract Tomasz Koryszko / EPA

Lockheed Martin has won an US$8 billion US defence contract for global logistics support services for special operations forces, the Pentagon said at the weekend.

The US military often relies on outside contractors to perform support services including logistics at warehouses and depots as well as maintenance, modifications and repairs on equipment like its Super Hercules Special Operations Aircraft and vehicles.

The contract will support the army's Green Berets, Rangers as well as navy Seals, the US department of defence said.

The 10-year award will extend Lockheed Martin's current support contract which was set to expire in September 2018.

The Pentagon said multiple companies competed for the contract.