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C-130 Hercules Still Top Of the Heap Among Military Aircraft -- The Motley Fool

The Motley Fool 3 hours ago

ighter jocks get all the glory.

A couple months back, we introduced you to the 10 most popular fighter jets in the world -- and to the companies that build them, and the stocks that profit from selling them.

Why focus on fighter jets? Mainly because everybody loves to read about them. Heck, everybody loves to go to movies about them. (Remember Tom Cruise, grinning from the cockpit of an F-14 Tomcat in "Top Gun"?) But believe it or not, a company's non-fighter jet products may be more rewarding for investors.

Take the C-130 for example. Since 1954, Lockheed Martin (NYSE:LMT) has built and sold roughly 2,500 C-130 Hercules transports. At an average cost of $30 million per unit over its lifetime, each one generated nearly as much revenue for Lockheed as the $38 million F-14 did for its builder, Northrop Grumman (NYSE:NOC).

And Lockheed has sold three times as many C-130s as Northrop sold F-14s.

Nor is Lockheed Martin the only company making money selling glorified cargo jets to the military. To find out who else has mastered this trick, read on.

Lockheed Martin C-130 Hercules, List price: $68.1 million 


If a picture is worth 1,000 words, then this one tells you everything about just how big a C-130 really is. Photo: Wikimedia Commons.

Starting at the top, Lockheed's C-130 remains hands down the most popular military aircraft (that isn't a fighter jet) on the planet.

According to the latest stats from Flightglobal Insight's "World Air Forces" report (link leads to a free download of the report), 947 of these big birds are flying around the world today -- down only slightly from this time last year. What's more, between improvements made in the aircraft, and the inexorable march of inflation, BGA-Aeroweb reports that C-130J Super Hercules aircraft sell for more than twice what the aircraft has cost, on average, over its history: $68.1 million -- each.

Lockheed's C-130 leads the world with 22% global market share in military transports, which is more than three times the share of its closest rival

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