Lockheed Martin receives $344 million in ongoing funding for C-5 modernization program

Lockheed Martin has received ongoing funding through a recently issued Acquisition Decision Memorandum (ADM) that authorizes Low Rate Initial Production (LRIP) associated with the C-5 Super Galaxy Reliability Enhancement and Re-Engining Program (RERP). The $344.3 million funding supports LRIP RERP production for 15 aircraft, including installation on three aircraft, material and fabrication for five aircraft, and long-lead funding for seven aircraft. Production of the C-5M Super Galaxy began in August 2009, when the first aircraft was inducted into the production program. This aircraft is slated for delivery to the USAF in September 2010. Three C-5Ms have already been delivered to the USAF and current USAF plans call for 52 fully-modernized C-5Ms by 2016.