Lockheed Martin was awarded a $104.7M modification to a contract for Long-Range Hypersonic Weapon ground support equipment. Work will be performed in Huntsville, Alabama, with an estimated completion date of February 28, 2028. FY23 missile procurement, Army funds; and FY23 research, development, test and evaluation, Army funds in the amount of $104.7M, were obligated at the time of the award. Army Contracting Command is the contracting authority.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LMT: