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LMT - Lockheed Martin secures ~$503M award for US Navy
Lockheed Martin Corporation
Lockheed Martin ( NYSE: LMT ) awarded a $503.72M firm-fixed-price order (N0001922F2291) against a previously issued basic ordering agreement (N0001921G0017).
This order provides for the production and delivery of 12 MH-60R aircraft for the Commonwealth of Australia. Work will be performed in Owego, New York (52%); Stratford, Connecticut (40%); and Troy, Alabama (8%), and is expected to be completed in October 2026.
The Naval Air Systems Command is the contracting activity. (Awarded on August 29, 2022)