BAE Systems (BAESY) has received $491M in contracts from Lockheed Martin (LMT) to produce state-of-the-art Block 4 electronic warfare systems for future Lot 17 F-35 Lightning II fighter jets, adding to the 1,200 F-35 EW systems it has delivered to date. The powerful Block 4 systems will accelerate the delivery of advanced EW capabilities to warfighters by combining adaptable hardware and incremental software updates.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on LMT:
- Lockheed Martin selected as preferred bidder for JP9102
- Lockheed Martin awarded $439.46M Army contract
- Lockheed Martin awarded $120.27M Navy contract modification
- Lockheed Martin awarded $179.01M Navy contract modification
- Lockheed Martin awarded $210.09M government contract
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue