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Lockheed Martin awarded $280.4M U.S. Navy contract

Lockheed Martin (LMT) is awarded a $280,418,928 cost-plus-fixed-fee, cost-plus-incentive-fee, and cost type modification to previously awarded contract N00024-23-C-5101 for combat systems engineering efforts of the planned modernization and new combat system capabilities selection for international partner Canadian Royal Navy ships operating AEGIS.

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