Bravo Industries Orders 10 LM-100J Super Hercules Commercial Freighter Aircraft

Bravo Industries has signed a deal for the purchase of ten LM-100J Super Hercules commercial freighter aircraft from Lockheed Martin.

Bravo’s Logística division, which consists of Bravo Cargas and Bravo MRO (maintenance, repair and overhaul), will operate the LM-100J for air cargo operations in Brazil.

Bravo’s air cargo services include scheduled and route-specific solutions (same-day, next-day, etc.), as well as special cargo handling (heavy, odd-shaped, hazardous, refrigerated, etc.) and custom operations.

“When we examined the market and regional demands for our logistics operations, there was only one aircraft that could do all the jobs we needed it to do to serve our customers: the LM-100J.” said JR Pereira, president and CEO of Bravo Industries at the Farnborough Airshow on Tuesday. “The LM-100J is uniquely suited to reach Brazil’s underserved regions where we do business. These are areas that lack ground support and certain critical infrastructure required by other commercial freighters. The LM-100J was designed to meet the varying needs of the Brazilian landscape, in turn, allowing Bravo to deliver vital goods and services where they are needed most.”

The LM-100J is the civil-certified version of Lockheed Martin’s proven 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.

The LM-100J incorporates technological developments and improvements over the existing L-100s that result from years of military C-130J operational experience, including more than 1.3 million flight hours by operators in 16 nations.

“Bravo Industries is a natural and welcome addition to the global Super Hercules family,” said Orlando Carvalho, executive vice president of Lockheed Martin’s Aeronautics business. “Like the C-130J on which it is based, the LM-100J is built to go where other aircraft can’t, don’t and won’t. The LM-100J is the only commercial freighter that can fully meet the varying demands of the Brazilian market. Bravo is the ideal operator to introduce the LM-100J’s unmatched capabilities in this pivotal region of the world.”

Bravo is partnered with Height Securities, a Washington, D.C.-based broker-dealer serving the company as exclusive financial advisor and placement agent. Both organizations are working directly with Lockheed Martin on this acquisition. Global law firm Squire Patton Boggs is providing legal counsel to Bravo, while Lateral Investment Management, a San Mateo, California-based investment firm, is providing funding to Bravo for the LM-100J acquisition.

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