Oct. 18 (UPI) -- Derco has extended its distribution agreement with UTC Aerospace Systems for distribution of spares for the 54H60 propeller system used on C-130 aircraft.
Lockheed Martin, parent company of Derco, said Tuesday that the extension is for a 20-year period.
Derco and UTC Aerospace Systems established their initial distribution agreement in 1997.
Derco under the agreement will distribute 54H60 spares in support of international operations. The 54H60 is used on Lockkheed Martin C-130B-H/L-100 Hercules.
"This agreement between Derco and UTC Aerospace Systems ensures seamless support to legacy C-130 operators worldwide," Derco President Brian Holt said in a press release. "Our investment in 54H60 inventory allows us to extend quantity break pricing and immediate availability to customers in support of their fleets."
UTC Aerospace Systems designs, manufactures and services propeller systems.