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U.S. Army Awards Javelin Joint Venture $215 Mln Contract For Lightweight Launchers

Source: Nasdaq

Infrastructure & DefenseCompany Fundamentals

The U.S. Army awarded the Javelin Joint Venture, a partnership between Raytheon (an RTX business) and Lockheed Martin, a $215 million production contract for Lightweight Command Launch Units. The contract is a modest positive for the venture's partners; the article gives no timing or expected financial contribution.

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