Lockheed Martin (LHM, Palmdale Regional) says it has signed a firm order agreement with Bravo Industries, LLC, for the purchase of ten Lockheed Hercules LM-100J commercial freighter aircraft. Lateral Investment Management, a San Mateo, California-based investment firm, is providing funding to Bravo for the acquisition.
Bravo is a logistics and defense group with operations in and focused on Brazil. Its Logística division, which consists of Bravo Cargas and Bravo MRO, will operate the freighters on services throughout the country.
The LM-100J is the civil-certified version of Lockheed Martin’s C-130J Super Hercules aircraft. The first LM-100J is currently in production and will undergo an FAA type certificate update prior to delivery in 2018.
