Lockheed Martin Awarded $347.5 Million US Army Contract

MT Newswires Live

07/02

Lockheed Martin (LMT) was awarded a $347.5 million cost-plus-incentive-fee US Army contract for the development, fabrication and testing of improvements to prototype air and missile defense systems, the US Department of Defense said Wednesday.

The contract is expected to be completed on Dec. 31, 2028.

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