Industrial Base Alpha

U.S. Coast Guard orders 6 C-130J aircraft from Lockheed Martin for $735M

•1 min read•Analysis
Mentioned:LMT Lockheed Martin$735M · Contract Award

The U.S. Coast Guard ordered six additional C-130J aircraft from Lockheed Martin Aeronautics for $735 million, bringing its long-range surveillance program to 25 total aircraft. Deliveries span fiscal 2028 through 2030.

What's happening

  • Coast Guard awarded six C-130J aircraft through existing U.S. Air Force contracts with Lockheed Martin in Marietta, Georgia on September 24, 2026.
  • Six aircraft will arrive in baseline configuration; separate contracts will equip them as HC-130J variants for Coast Guard missions.
  • Deliveries begin fiscal 2028 and conclude by end of fiscal 2030.
  • Fleet expansion supports operations from Elizabeth City, Kodiak, Barbers Point, and Sacramento air stations.

Why it matters

  • Coast Guard extends airlift capacity for counterdrug operations, migrant interdictions, search-and-rescue, and DHS border protection missions.
  • C-130J offers 20% greater speed and altitude and 40% greater range than legacy C-130H aircraft, improving operational reach.
  • Six-aircraft order accelerates modernization across Coast Guard and Department of Homeland Security operations nationwide.

Going deeper

  • Sacramento, California received its first HC-130J in July 2026 as part of planned expansion to additional air stations.
  • Six-aircraft acquisition forms part of broader Coast Guard modernization funded by $1.412 billion fixed-wing aircraft appropriation from fiscal 2025 One Big Beautiful Bill Act.
  • Coast Guard has awarded approximately $19 billion across reconciliation projects nationwide to date.

Financial impact

  • Lockheed Martin recognizes revenue over delivery period from fiscal 2028 through fiscal 2030 as aircraft are delivered and accepted.
  • $735 million contract value represents obligated funds for six C-130J airframes; separate equipment contracts not included in this amount.
  • Revenue recognition timing extends across three fiscal years beginning 2028.

The fine print

  • Six aircraft ordered in baseline C-130J configuration; separate contracts will equip them for HC-130J designation.
  • Contract awarded through existing U.S. Air Force contracts with Lockheed Martin rather than new standalone agreement.
Source: defence-industry.eu · Oct 3, 2026 · Drafted with Claude, reviewed by Industrial Base Alpha.

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