LMT - Lockheed Martin pulls yet contract for Missile Defense totaling $305M

Lockheed Martin (NYSE:LMT) is being awarded a $304M modification (P00051) to a previously-awarded (HQ0147-17-C-0032) contract to exercise an option. The total value of this contract is increased from $7.83B to $8.14B. Under this modification, the contractor will produce and deliver Terminal High Altitude Area Defense Interceptors and associated one-shot devices to support U.S. government requirements. Work has expected completion date of Dec. 1, 2027. The Missile Defense Agency is the contracting activity. Previously (April 29): Lockheed Martin bags $224M and $204M US Army contracts

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Lockheed Martin pulls yet contract for Missile Defense totaling $305M