LMT - Lockheed Martin bags $350M modification contract for US Navy

• Lockheed Martin Space of Littleton ( NYSE: LMT ) is awarded a $350.4M cost-plus-incentive-fee and cost-plus-fixed-fee un-priced letter contract modification (PH0008) to a previously awarded and announced unpriced letter contract (N00030-22-C-1025).
• Contract pertains to program management, engineering development, systems integration, long lead material procurement, and special tooling and equipment procurement in support of missile production.
• This contract award contains option line items.
• Work is expected to be completed on November 9, 2026 once the contract is definitized.
• Strategic Systems Programs is the contracting activity.

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