Lockheed foresees long, rich futures for C-130J, F-16

Lockheed Martin has updated plans for rapidly escalating C-130J Hercules production output, while F-16 deliveries are set to contract for two years before possibly doubling again after 2012.

Chief financial officer Bruce Tanner, discussing third-quarterearnings on 20 October, revealed that C-130J deliveries will grow from12 aircraft in 2008 to 16 this year and 26 next year. Read more…

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(USAF/Mstr Sgt Kevin Gruenwald)

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