Lockheed Martin (LMT) has been awarded a $208.12M modification to a previously awarded contract for air guided missile-158D development, test, and integration efforts. Work will be performed in Orlando, Florida, and is expected to be completed by Dec. 31, 2027. FY25 research, development, test and evaluation funds in the amount of $10.5M are being obligated at time of award. The Air Force Life Cycle Management Center is the contracting activity.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LMT:
- Boeing upgraded, Lockheed downgraded: Wall Street’s top analyst calls
- Trump Trade: White House refining tariff strategy for April 2 measures
- Lockheed Martin awarded $238M Navy contract modification
- U.S. Navy to announce who builds next-gen stealth fighter, Reuters says
- Boeing Stock (NYSE:BA) Gains as Plea Deal Reconsidered, New Contract Coming Up