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Lockheed Martin receives $869.86M Navy modification contract

Lockheed Martin headquarters located in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

  • Lockheed Martin (NYSE:LMT) is awarded a not-to-exceed $869.86M cost-plus-incentive-fee, cost-plus-fixed-fee, cost-plus-award-fee, undefinitized modification (P00062) to a previously awarded contract (N0001919C0010).
  • This modification adds scope for integrating mission and weapon systems capability development, including flight-test

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