Looks more like an overgrown CASA then a Herc. If they are going to build it, better go for a different designation, as it misses almost all the things that make a C-130 recognisable.
De Zamboni heeft kramp in zijn achterwiel Jan Maarten Smeets, Heerenveen 31 oktober 2009
With all the really new designes coming to the market in the coming years, I think this redesign will not be very competitive. In essence it is still a 60 year old Herc.
Having said that, if the US simply commits to it for the USAF and USN/MC it doesn't really matter how competitive it is of course...