Lockheed Martin won a $514 million contract from the U.S. Space Force to build Global Positioning System IIIF Space Vehicles 23 and 24. The award is a positive incremental development for the company’s defense backlog and space systems business. The announcement is likely material for Lockheed Martin but unlikely to move the broader market.
Lockheed Martin won a $514 million contract from the U.S. Space Force to build Global Positioning System IIIF Space Vehicles 23 and 24. The award is a positive incremental development for the company’s defense backlog and space systems business. The announcement is likely material for Lockheed Martin but unlikely to move the broader market.
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mildly positive
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0.28
Ticker Sentiment