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In the 1970s, Lockheed proposed a C-130 variant with turbofan engines rather than turboprops, but the U.S. Air Force preferred the takeoff performance of the existing aircraft. In the 1980s, the C-130 was intended to be replaced by the Advanced Medium STOL Transport project. The project was canceled and the C-130 has remained in production.
In conjunction with these reforms, the military began using what has become the "standard" calculation for retirement compensation of 2.5% of base pay, multiplied by years of service, with a maximum payout of 75% of base pay in retirement. For example, a soldier retiring after 25 years of service would be eligible for a payment equal to 62.5% ...
A deal was signed in March 2019 that will see the RAF procure five E-7 aircraft for approximately £1.5bn. [38] However, the 2021 defence white paper cut the total number of aircraft to only three. [26] These will be based at RAF Lossiemouth alongside the Boeing P-8 Poseidon, and were initially due to enter service in 2023.
Southwest’s plan comes on the heels of a move by IBM to an automatic 5% contribution to a Retirement Benefit Account, a type of cash balance plan, at the beginning of 2024.
The Lockheed Martin C-130J Super Hercules is an American four-engine turboprop military transport aircraft. The C-130J is a comprehensive update of the Lockheed C-130 Hercules, with new engines, flight deck, and other systems. The C-130J is the newest version of the C-130 Hercules, and the only model currently in production.
Operation Credible Sport was a joint project of the U.S. military in the second half of 1980 to prepare for a second rescue attempt of the hostages held in Iran.The concept included using a Lockheed C-130 Hercules airlifter modified with the addition of rocket engines to make it a short take off and landing (STOL) capable aircraft able to land on the field within a soccer stadium in Tehran.
The LC-130 started as a prototype model developed by modifying a C-130A with skis in 1956. [2] After testing in 1957, 12 additional C-130A models were modified with skis and hydraulics under the designation of C-130D. [2] [3] In 1959 the first four factory equipped, ski-based Hercules were produced under the Navy designation of UV-1L. These C ...
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