Marshall Aerospace and Defence Group (MADG) expects to benefit from ‘huge growth’ in the Lockheed Martin C-130J Super Hercules transport aircraft programme, despite the surprising UK MoD decision to accelerate the retirement of 14 C-130J C5 and C-130J-30 C4 variants from 2035 to 2023.
The company still has ‘contractual cover over the majority’ of MRO and support work on the RAF Hercules fleet, said CEO Gary Moynehan, and it will partner the MoD in reselling the fleet despite not being entitled to any commission for sales made.
‘As the aircraft are UK assets it is up to them [the MoD]