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Lockheed Martin awarded $678.4M U.S. Navy contract modification

Lockheed Martin headquarters located in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

  • Lockheed Martin (NYSE:LMT) has been awarded a $678.4M U.S. Navy modification to a cost-plus-fixed-fee, firm-fixed-price order against a previously awarded basic ordering agreement.
  • This modification adds scope to procure various material modification kits, special test/tooling equipment, and associated seed assets to support
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