LMT - Lockheed Martin secures ~$186M contract for the Navy

• Lockheed Martin Rotary and Mission Systems ( NYSE: LMT ) is awarded an ~$185.92M cost-plus-incentive-fee contract modification to previously awarded contract N00024-20-C-6117 to exercise an option for engineering design and development.
• Work is expected to be completed by September 2023.
• The Naval Sea Systems Command is the contracting activity.
• Previously (July 1): Lockheed Martin nabs $192.39M Naval Sea Systems contract

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